615 East 42nd Street

Chicago, IL 60653

$599,000
Price
4
Beds
3
Baths
3,002 Sq. Ft.
$200 / Sq. Ft.
3,002
Sq. Ft.
$200
per Sq. Ft.

Description

Don't miss this incredible investment opportunity in the vibrant Bronzeville area! This fully renovated Rowhouse is a proven gem in the short-term rental market, bringing in an impressive average of $5,000+ or more per month from Airbnb, VRBO, and Booking. The stylish furnishings are available for purchase with full asking price (excluding the large colorful pictures), allowing you to hit the ground running and start generating income immediately. (Bookings currently exist thru Novemeber 2024) Featuring...Don't miss this incredible investment opportunity in the vibrant Bronzeville area! This fully renovated Rowhouse is a proven gem in the short-term rental market, bringing in an impressive average of $5,000+ or more per month from Airbnb, VRBO, and Booking. The stylish furnishings are available for purchase with full asking price (excluding the large colorful pictures), allowing you to hit the ground running and start generating income immediately. (Bookings currently exist thru Novemeber 2024) Featuring three large bedrooms, two modern bathrooms, and an expansive open floor plan as a duplex up this property is designed for comfort and appeal. The lower level includes a separate, fully furnished one-bedroom, one-bathroom unit with its own entrance and Ring camera for added security. Currently rented out for long-term stays of 32+ days, it's consistently bringing in over $2,000 per month. (Bookings currently exist thru Novemeber 2024) Together, these two floors are now generating on average $7k+ per month! With keyless entry and Ring cameras ensuring security and convenience, this home is perfectly set up for seamless short-term rentals. Whether you're a seasoned investor or new to the rental market, this property offers a fantastic opportunity to expand your portfolio with minimal additional effort. We're eager to discuss how this lucrative investment can work for you. Contact us today to learn more and make this standout property a part of your investment strategy! This home is currently zoned as a single family home...
  1. Listed by David Thomas • Blue Door Dave Inc

Property Details for 615 East 42nd Street

Area
CHI - Grand Boulevard
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Electric, Forced Air, Baseboard, Sep Heating Systems - 2+, Indv Controls, Zoned
Architectural Style
Brownstone, Row House
Zoning
SINGL
LISTING UPDATED: 09/07/2024 12:06 AM

Property Details for 615 East 42nd Street

StatusActive
MLS #12152504
Days on Market18
Taxes$3,387 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built1873
Lot Size0.04 AC / 1,700 SF
CountyCook County

Building Information for 615 East 42nd Street

Stories-Residences2Year Built1873Building Size-Lot Size0.04 AC / 1,700 SF

Property Information for 615 East 42nd Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Fuller Elementary School
  • High School District: 299
  • High School: Phillips Academy High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley, Driveway, Alley Access, Rear/Side Entry
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 7
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: Yes
  • Rebuilt Year: 2022
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Sidewalks
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 17X100
  • Total # Units in Building: 2
  • Waterfront: No
  • Exterior Building Type: Brick, Concrete
  • Roof Type: Rubber, Flat
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • North Coordinate: 0
  • South Coordinate: 4200
  • East Coordinate: 615
  • West Coordinate: 0
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash, Other
  • Public Document Count: 0
  • Photos Count: 37
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Other Media
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: N/A
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: N/A

Property History for 615 East 42nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 615 East 42nd Street

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size1,167 SqFtStyleGovernmental / Public UseCountyCOOKAPN20-03-226-024

Schools near 615 East 42nd Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Charter - PK to 5
Public - PK to 8
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Univ of Chicago Charter-Donoghue
CharterPK to 5

Ariel Elementary Community Academy
PublicPK to 8

King College Prep High School
Public9 to 12

Univ of Chicago Chtr-Nth Kenwood
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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615 East 42nd Street is a multi-family home for sale in Chicago, IL 60653. This property was listed for sale on September 1, 2024 by Blue Door Dave Inc, it's currently listed at $599,000. It has been on the market for a total of 18 days and was last sold on September 23, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Univ of Chicago Charter-Donoghue, Ariel Elementary Community Academy and King College Prep High School. 615 East 42nd Street is a 4-bed, 3-bath, 3,002 sqft multi-family home built in 1873.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Door Dave Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/07/2024 12:06 AM. 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.