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Bathrooms

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Bathrooms

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Rent from the landlord and list it on Airbnb

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BNBCalc Short Term Rental Rental Arbitrage Analysis 500 South Dearborn Street, Chicago, Illinois 60605, United States

1 bed • 1 bath • 3 guests • $0

BNB

Calc

Annual Revenue

$62,128

Profit (Cash Flow)

$16,359

Cash on Cash Return

250.1%

Annual Revenue

$62,128

AirDNA projects $270/night at 63% occupancy ($62,128).

BNB Calc projects a 63% occupancy rate, $270 rate per night.

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


Return Metrics

250.1% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$16,359$32,718$49,078$65,437$81,796$163,593$490,780
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$16,359$32,718$49,078$65,437$81,796$163,593$490,780

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

250.1%

Payback Period Days

146

Return on Investment

250.1%

property-location

500 S Dearborn St 819 Chicago, Illinois, 60605-1503

1 bed • 1 bath • 3 guests

Agent

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$2,495

Zestimate

Chicago

Guide

Zoning

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Guide


Laws


Market Data

$62,128

Annual Revenue


Projected nightly rate is $270/night at 63% occupancy.

Top 101% of comparables

Top 101% of comparables


$16,359

Profit

Revenue

$62,128

Operating Expenses

$19,477

Operating Income

$42,651

Net Effective Rent

$26,292

Profit (Cash Flow)

$16,359

$6,541

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$2,291

Total

$6,541

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

250.1%

Payback Period Days

146

Property Overview

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

Lot size:

6,543 sqft

Year built:

-

Size:

-

Type:

OTHER

Parking:

-

Heating:

NONE

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Exempt (Full Or Partial)
  • Stories: 0
  • Lot size: 6,543 sqft
  • Building area: -
  • Garage: No
  • Heating: None
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: OTHER / UNKNOWN
  • Parcel Number: 17-16-245-018
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2021
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
10/26/19$00%Vacation Trust Inc
04/02/19$1,079,5000%Second City Resorts Llc
10/02/18$714,0000%Second City Resorts Llc
09/12/18$1,721,5000%Vacation Trust Inc
09/11/18$1,097,5000%Second City Resorts Llc
08/07/18$1,097,5000%Second City Resorts Llc
07/01/18$1,097,5000%Second City Resorts Llc
02/26/18$00%Vacation Trust Inc
09/26/16$1,721,5001%Vacation Trust Inc
01/14/16$1,721,5003%Vacation Trust Inc

Ownership

  • Name: Not Available From County
  • Owner Occupied: No
  • Owner Mailing Address:
  • Years Owned: 48
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: 3.0899%
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No

Schools

  • High School: Wells Community Academy High School with 1/10 star rating