SIGN UP CUSTOMER LOGIN
Main Photo

47 Photos

Main Photo
Main Photo

57 E Cedar Street Chicago, IL 60611

$1,699,990
New / MLS# 12735025 / Multi Unit - Multiple / Chicago
4 Beds
4 Baths

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.

Read More » Read Less »

Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 7,586.85 per month $4,374.27 Principal & Interest $2,716.75 Property Tax $495.83 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Natural Gas
Home Style: Brownstone
Lot Size: 0.03 Acres
Taxes: $32,601
Year Built: 1891

Feature Descriptions

Additional rooms: Den
Exterior: Brick, Stone, Clad Trim
Lot Dimensions: 18X73
Parcel#: 17032020661004
Parking: Off Alley, Alley Access, Yes, Owned
Sewer: Public Sewer, Storm Sewer
Total Rooms: 14
Township: Jefferson
Water: Lake Michigan

Schools

Middle School: Ogden International
Elementary School: Ogden International
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: @properties Christie's International Real Estate

Listing Office Phone: 312-682-8500



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Login to my Baird & Warner account