57 E Cedar ST, Chicago, IL 60611
57 E Cedar ST, Chicago, IL 60611
57 E Cedar ST, Chicago, IL 60611
57 E Cedar ST, Chicago, IL 60611
57 E Cedar ST, Chicago, IL 60611
57 E Cedar ST, Chicago, IL 60611
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Listed by Tina Culver Amelioof @properties Christie's International Real Estate
$ 1,699,990
Est. payment | /mo

4 Beds


Save
$ 1,699,990
Est. payment | /mo
Save

4 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12735025

Style Brownstone

Bedrooms 4

Year Built 1891

Annual Tax Amount $32,601

Tax Year 2025

Lot Dimensions 18X73

Property Sub-Type Two to Four Units

Property Description

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. The business vacation rental 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.

Location

State IL

County Cook

Community Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer, Storm Sewer

Water Lake Michigan

Structure Type Brick,Stone,Clad Trim

New Construction false

Schools

Elementary Schools Ogden International

Middle Schools Ogden International

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

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57 E Cedar ST