About 57 E Cedar Street
Rare Airbnb opportunity in Chicago's Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago's most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious 2-bedroom, 2-bath residence and two 1-bedroom, 1-bath units. Even more valuable, the Airbnb license transfers to the new owner, providing an outstanding opportunity for short-term rental income. A rare combination of income producing property, historic charm and prime location! Close proximity to an abundance of restaurants & shopping, Magnificent Mile, Lake Michigan, Oak Street Beach, North Ave Beach, public transportation including bus routes and the EL. One small on site parking spot included. Option for new owner to apply for federal and state tax incentives through historic tax credit programs. This property is occupied throughout most of the year and monthly income varies depending on the time of year.
Features of 57 E Cedar Street
| MLS® # | 12735025 |
|---|---|
| Price | $1,699,990 |
| Bedrooms | 4 |
| Bathrooms | 0.00 |
| Year Built | 1891 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Style | Brownstone |
| Status | Active |
Community Information
| Address | 57 E Cedar Street |
|---|---|
| Area | CHI - Near North Side |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60611 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Off Alley, Alley Access, Yes, Owned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Brick, Stone, Clad Trim |
|---|
School Information
| District | 299 |
|---|---|
| Elementary | Ogden International |
| Middle | Ogden International |
Additional Information
| Days on Market | 7 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|