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BNBCalc Short Term Rental Investment Analysis 1242 N Lake Shore Dr, Chicago, IL 60610

4 bed • 4 bath • 12 guests • $650,000

BNB

Calc

Annual Revenue

$125,761

Profit (Cash Flow)

$51,885

Cap Rate

14.7%

Annual Revenue

$125,761

AirDNA projects $797/night at 57% occupancy ($165,926). Airbtics projects $538/night at 64% occupancy ($125,760). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 64% occupancy rate, $538 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles25%50%75%90%
Revenue$63,171$130,276$198,617$256,064
Occupancy44%66%81%97%
Nightly Rate$386$530$659$709

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
4Br Gold Coast Duplex w Jacuzzi in the Bedroom!

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71%
422$0❌✅❌Y / Y⭐️ 4.8 (96)
Spectacular Gold Coast villa w parking/sleeps 10

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$649
45%
442$0❌❌❌Y / Y⭐️ 4.8 (59)
Downtown Elegance ✨ Private Yard Parking

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$66,404
$291
60%
442$250❌❌✅Y / Y⭐️ 4.8 (161)
MAG MILE MEGA ENTIRE FLOOR 4BD/4BA+Parking&Rooftop

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$193,940
$537
97%
442$250❌❌❌Y / Y⭐️ 4.8 (41)
Four floor Luxurious villa/Free parking/sleeps 12

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$71,553
$425
46%
442$0❌❌❌Y / Y⭐️ 4.8 (53)
Stylish 4 Bedroom / 4 bath in the Loop | Sleeps 12

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$160,153
$473
91%
442$199✅❌✅Y / Y⭐️ 4.6 (56)
Luxury River West Townhome with Garage

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$78,369
$258
79%
442$220❌❌❌Y / Y⭐️ 5 (209)
Magic Factory Loft 3East 4 Bd/4 Ba Families Groups

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$102,429
$632
44%
443$150❌❌❌Y / Y⭐️ 5 (28)
Amazing Lincoln Park Rowhouse!!

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$252,499
$677
99%
442$175❌❌❌Y / Y⭐️ 5 (32)
Luxury Fulton Market Penthouse Amazing City Views

No image available

$170,963
$535
85%
452$250❌❌✅Y / Y⭐️ 4.9 (88)
Stunning Downtown Westloop loft.

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$82,703
$607
37%
422$100❌❌✅Y / Y⭐️ 4.7 (50)
Spacious 4-Level/4-Bedroom Townhouse in West Loop

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$151,831
$657
62%
442$295❌❌❌Y / Y⭐️ 5 (232)
Cloud9 |up to 14ppl Terrace @MagMile|The Artemis

No image available

$169,334
$701
66%
442$0✅❌❌Y / Y⭐️ 4.4 (8)
Beautiful Spacious RiverWest Townhome 4-Bed/4-Bath

No image available

$88,066
$704
34%
441$385❌❌❌Y / Y⭐️ 5 (68)
Luxe SFH in the Heart of Old Town

No image available

$84,699
$389
59%
422$290❌❌❌Y / Y⭐️ 4.8 (18)
Spectacular Gold Coast villa w parking/sleeps 12

No image available

$64,101
$417
42%
4332$0❌❌❌Y / Y⭐️ 4.8 (52)
Historic lux Townhouse on Chicago's Gold Coast

No image available

$209,994
$618
91%
432$180❌❌✅Y / Y⭐️ 4.8 (183)
Lovely 4 Bedroom Spot located in Charming Old Town

No image available

$108,160
$538
54%
432$295❌❌❌Y / Y⭐️ 5 (65)
Duplex Chic River North Retreat

No image available

$96,343
$578
44%
421$170❌❌✅Y / Y⭐️ 4 (5)
Cloud9|XL Penthouse near the Bean| The Stella

No image available

$226,432
$1,505
40%
442$400✅❌❌Y / Y⭐️ 5 (11)
Lincoln Park 4BD/2BA Fireplace (2)

No image available

$41,936
$281
40%
4232$159❌❌❌Y / Y⭐️ 4.7 (103)
GROUP LUX in Gold Coast FULL FLOOR 4bd/4ba+Parking

No image available

$244,055
$667
98%
442$250❌❌❌Y / Y⭐️ 4.9 (56)
Insta Worthy Prime Spot *Patio *Parking *Fireplace

No image available

$83,697
$310
72%
432$125❌❌✅Y / Y⭐️ 4.8 (209)
Old Town/Lincoln Park Luxury Home Garage & Rooftop

No image available

$75,823
$270
76%
432$180❌❌❌Y / Y⭐️ 5 (105)
Upscale 4-Bedroom Townhouse w/Garage - LOCATION

No image available

$88,323
$299
79%
432$170❌❌✅Y / Y⭐️ 4.9 (117)
Magic Factory Loft 2East 4 Bd/3 Ba Families Groups

No image available

$90,854
$475
52%
433$150❌❌❌Y / Y⭐️ 5 (52)
Old Town/Lincoln Park | Stunning Home | King Suite

No image available

$116,964
$380
81%
432$250❌❌❌Y / Y⭐️ 4.9 (78)
GROUP LUX Lincoln Park 4BD/4.5BA Home (+parking)

No image available

$167,033
$456
98%
451$250❌❌❌Y / Y⭐️ 4.7 (7)
Luxury Apartment with Private Terrace - Lincoln Pa

No image available

$69,701
$263
70%
432$250❌❌✅Y / Y⭐️ 4.9 (33)
Neon Dream in River West!

No image available

$169,606
$788
57%
432$300✅❌✅Y / Y⭐️ 5 (61)
GROUP LUX in Old Town/Gold Coast (+private roof)

No image available

$160,685
$477
89%
432$300❌❌❌Y / Y⭐️ 5 (35)
Historic Old Town, Fabulous 4 Bedroom Home

No image available

$117,903
$391
81%
435$275❌❌✅Y / Y⭐️ 4.8 (156)
Superiorhaus Noble Square Sleeps 16 Hot Tub/garage

No image available

$180,966
$694
70%
433$242✅✅❌Y / Y⭐️ 5 (40)
Old-World, Classic Building Downtown

No image available

$268,751
$757
97%
442$0❌❌❌Y / Y⭐️ 5 (5)
Perfect 4 Bedroom/3 Bath in the HEART of Old Town

No image available

$192,924
$1,187
44%
432$295❌❌✅Y / Y⭐️ 5 (55)
Bright & Cozy 3 Story Lincoln Park Condo by DePaul

No image available

$45,151
$181
66%
432$179❌❌❌Y / Y⭐️ 4.7 (72)
Luxury Apartment Private Terrace

No image available

$56,148
$208
72%
432$250❌❌✅Y / Y⭐️ 4.9 (17)
Modern Downtown Home with Rooftop and Skyline View

No image available

$71,479
$492
39%
432$149❌❌✅Y / Y⭐️ 5 (33)

Return Metrics

32.32% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$51,884$103,769$155,654$207,539$259,424$518,849$1,556,548
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$520,000$520,000$520,000$520,000$520,000$520,000$520,000
Down Payment$130,000$130,000$130,000$130,000$130,000$130,000$130,000
Property Appreciation$19,500$39,585$60,272$81,580$103,528$223,545$927,720
Total Return$721,384$793,354$865,927$939,120$1,012,952$1,392,395$3,134,269

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

32.32%

Cap Rate

14.72%

Return on Investment

48.45%

property-location

1242 N Lake Shore Dr Chicago, IL, 60610

4 bed • 4 bath • 12 guests

Est. $3,118/mo

Agent

This property is for sale!

Contact Agent

Chicago

Guide

Zoning

Market

Guide


Laws


Market Data

176

Airbnb Investor Score

$51,884

Annual Profit

14.7%

Cap Rate

32.3%

Cash on Cash

$125,761

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $797/night at 57% occupancy.Projected nightly rate is $538/night at 64% occupancy.

Top 53% of comparables

Top 44% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$125,125

Avg annual revenue

64%

Avg occupancy rate

$538

Avg nightly rate


🏊‍♂️ Pool
🛁 Hot tub
🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$40k

$115k

$190k

$270k

Sign up to see the data on 40 all comparables

$51,885

Profit

Revenue

$125,761

Operating Expenses

$30,029

Operating Income

$95,732

Mortgage & Taxes

$43,847

Profit (Cash Flow)

$51,885

$160,500

Cash Investment

Down Payment

$130,000

Renos & Furnishing

$11,000

Closing Costs

$19,500

Total

$160,500

DSCR Ratio

Strong

2.18

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

32.32%

Cap Rate

14.72%

Profit (Cummulative)

$51,885

$520,000

$11,000

$19,500

$0

Total Gain

$77,771

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$30,850

Deductible property tax

$6,435

Your total deduction

$14,027

Your adjusted annual income

$150,000 - $14,027 = $135,973


Taxes on $135,973 (30%)

$40,792

Your old tax bill

$45,000

Your new tax bill

$40,792


Estimated tax savings

$4,208

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

-

Year built:

-

Size:

-

Type:

OTHER

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: OTHER
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -