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BNBCalc Short Term Rental Investment Analysis 4249 N Central Park Ave, Chicago, IL, 60618

5 bed • 3 bath • 15 guests • $559,900

BNB

Calc

Annual Revenue

$142,065

Profit (Cash Flow)

$72,148

Cap Rate

19.6%

Annual Revenue

$142,065

AirDNA projects $368/night at 70% occupancy ($94,086). Airbtics projects $472/night at 59% occupancy ($101,713). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 68% occupancy rate, $572 rate per night.

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

Percentiles25%50%75%90%
Revenue$59,550$91,552$145,210$222,083
Occupancy49%59%68%79%
Nightly Rate$326$415$572$757

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Exquisite, 5 bedroom Chicago SFH
$67,994
$287
62%
53.53$239❌❌❌Y / Y⭐️ 4.5 (40)
NorthSide Chicago duplex 5-BD,2King size-free park
$100,562
$359
76%
522$175❌❌❌Y / Y⭐️ 5 (138)
Cozy Irving Park 5BR Home - by O'Hare & Downtown
$114,693
$323
94%
522$195❌❌✅Y / Y⭐️ 5 (7)
Spacious 5-BR home next to transit! Great area!
$72,751
$328
60%
523$120❌❌❌Y / Y⭐️ 5 (257)
Huge Bright Corner Home on Chicago's North Side
$82,846
$476
46%
53.51$270❌❌❌Y / Y⭐️ 5 (120)
Lux LoganHouse w/garage, Sleeps 12, & rooftop deck
$108,863
$572
52%
542$0❌❌❌Y / Y⭐️ 5 (43)
Great location! Spacious 6BD Home + Garage!
$146,775
$575
69%
53.53$260❌❌❌Y / Y⭐️ 5 (52)
Comfy/Elegant Home by Wrigley, Garage Spot & Yard
$67,574
$193
93%
531$125❌❌✅Y / Y⭐️ 5 (289)
Big,Beautiful HOUSE,Kid Friendly,Garage,Sleeps 11
$68,869
$394
46%
542$169❌❌❌Y / Y⭐️ 5 (66)
5 Bedroom Wrigleyville Experience right by stadium
$94,520
$358
70%
523$175❌❌✅Y / Y⭐️ 5 (57)
House 5BED/3BATH/1PARKING close to Downtown & Lake
$66,275
$420
41%
532$250❌❌✅Y / Y⭐️ 5 (136)
5 BR / 3.5 BA Newly Built Home in Logan Square!
$69,436
$316
59%
53.532$239❌❌❌Y / Y⭐️ 4.5 (117)
Luxury Family Home 6bed/3bath/4parking in Chicago
$85,015
$455
50%
532$250❌❌✅Y / Y⭐️ 5 (64)
The Grand Kimball Lodge, Logan Square, Sleeps 20
$143,448
$688
56%
542$345❌❌✅Y / Y⭐️ 5 (52)
Impeccable 5-Bed Wrigleville Beauty
$71,475
$296
65%
52.52$150❌❌❌Y / Y⭐️ 5 (198)
Gorgeous NEW 5 BDR/ 4BA in Logan Square w/Parking!
$148,433
$666
60%
553$250❌❌✅Y / Y⭐️ 5 (83)
Lovely 5BD|3BR|Parking |Sleeps 14|Andersonville
$114,139
$608
51%
533$299❌❌✅Y / Y⭐️ 5 (38)
5BR/4BA Architectural Estate-Theatre, Gym, Rooftop
$92,434
$387
63%
552$200❌❌❌Y / Y⭐️ 5 (26)
Entire house 1 City block from Wrigley Field!
$107,627
$791
37%
53.52$255❌❌❌Y / Y⭐️ 5 (113)
Entire house w/ free parking, close to Wrigley!
$94,156
$411
60%
53.51$300✅❌❌Y / Y⭐️ 5 (62)
Fantastic Home in Wicker Park
$145,862
$555
71%
53.52$410❌❌❌Y / Y⭐️ 5 (94)
Home Near Wrigley *Free Parking & Pet Friendly!*
$89,833
$650
37%
54.52$195❌❌✅Y / Y⭐️ 5 (52)
Luxurious, custom built single family home
$227,962
$969
64%
563$275❌❌❌Y / Y⭐️ 5 (61)
Spacious 5BR House: Prime Location with Parking
$56,079
$217
66%
522$160❌❌❌Y / Y⭐️ 4.5 (3)
Home in Chicago
$115,908
$564
55%
533$240❌❌❌Y / Y⭐️ 5 (26)
Sensational 5 Bed beauty steps from Wrigley Field
$64,468
$259
64%
52.52$165❌❌❌Y / Y⭐️ 5 (28)
Luxe Spacious SFH in Bucktown w/Secure Parking
$74,513
$347
57%
53.51$250❌❌❌Y / Y⭐️ 5 (10)
Lakeview Luxury 5br Retreat W/ Fun Guest Amenities
$148,429
$507
78%
551$253✅❌❌Y / Y⭐️ 5 (63)
Relaxing & roomy retreat – near transit, w/garage!
$68,281
$352
53%
532$0❌❌❌Y / Y⭐️ 5 (15)
NEW! Large/Beautiful Home with 6BDS/4BTH + Garage!
$86,405
$454
52%
541$0❌❌❌Y / Y⭐️ 5 (13)
5Bedroom/3Bath/Game room/ sleeps 13/ Freeparking
$100,546
$404
68%
532$0✅❌❌Y / Y⭐️ 5 (14)
Prime Logan Square Location! 5bd/2ba Apt
$41,491
$220
48%
523$225❌❌❌N / Y⭐️ 4.5 (7)
Located near Wrigley, Lakefront, Downtown &Parking
$27,594
$754
10%
5332$195❌❌✅Y / Y⭐️ 4.5 (19)
The Grand Vic: Large 5BD/3BA Home (+Garage)
$58,624
$281
57%
531$0❌❌❌Y / Y⭐️ 5 (8)
ENTIRE BUILDING-Walk to Lincoln Park or The Beach!
$154,398
$547
74%
552$300❌❌❌Y / Y⭐️ 4.6 (17)
Spacious 2 story - easy parking!
$133,405
$889
41%
521$0❌❌✅Y / Y⭐️ 5 (1)
Beautiful 5BR reunion home near O'Hare
$69,540
$500
38%
5232$160❌❌❌Y / Y⭐️ 5 (30)
Spacious Chicago Home ~ 6 Mi to Wrigley Field!
$46,869
$337
38%
5632$542❌❌✅Y / Y⭐️ 3 (2)
Explore Chicago and Lake Michigan from a Light-Filled House
$295,121
$906
89%
533$0✅❌❌Y / Y⭐️ 5 (47)
Sauna, pool table, decks, sheep, big house!
$99,859
$268
100%
534$150✅❌❌Y / Y⭐️ 4.8 (7)

Return Metrics

50.97% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$72,147$144,295$216,443$288,590$360,738$721,477$2,164,431
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$447,920$447,920$447,920$447,920$447,920$447,920$447,920
Down Payment$111,980$111,980$111,980$111,980$111,980$111,980$111,980
Property Appreciation$16,797$34,097$51,917$70,272$89,177$192,558$799,124
Total Return$648,844$738,293$828,261$918,763$1,009,816$1,473,936$3,523,456

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

50.97%

Cap Rate

19.63%

Return on Investment

66.73%

property-location

4249 N Central Park Ave Chicago, Illinois, 60618

5 bed • 3 bath • 15 guests

Est. $2,686/mo

Agent

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Chicago

Guide

Zoning

Market

Guide


Laws


Market Data

271

Airbnb Investor Score

$72,147

Annual Profit

19.6%

Cap Rate

51.0%

Cash on Cash

$142,065

Annual Revenue

BNBCalc predicts this property will get $472 per night with 59% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Top 26% of comparables

Top 26% of comparables


Seasonality

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40

Airbnb Comparables

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

$100,576

Avg annual revenue

59%

Avg occupancy rate

$472

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

$25k

$115k

$200k

$295k

Sign up to see the data on 40 all comparables

$72,148

Profit

Revenue

$142,065

Operating Expenses

$32,148

Operating Income

$109,917

Mortgage & Taxes

$37,769

Profit (Cash Flow)

$72,148

$141,527

Cash Investment

Down Payment

$111,980

Renos & Furnishing

$12,750

Closing Costs

$16,797

Total

$141,527

DSCR Ratio

Strong

2.91

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

50.97%

Cap Rate

19.63%

Profit (Cummulative)

$72,148

$447,920

$12,750

$16,797

$0

Total Gain

$94,445

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

$26,573

Deductible property tax

$5,543

Your total deduction

-$14,920

Your adjusted annual income

$150,000 - -$14,920 = $164,920


Taxes on $164,920 (30%)

$49,476

Your old tax bill

$45,000

Your new tax bill

$49,476


Estimated tax savings

-$4,476

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:

4,726 sqft

Year built:

1906

Size:

2,700 sqft

Type:

SINGLE_FAMILY

Parking:

2.5

Heating:

Natural Gas, Electric

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 2
  • Lot size: 4,726 sqft
  • Building area: 2,700 sqft
  • Garage: Yes
  • Heating: Natural gas, electric
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Garage
  • Amenities: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Price per square foot: $207

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 13144080040000
  • Flood Zone: No

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $470,000
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • High School: Roosevelt High School with 1/10 star rating

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