1428 North Cleveland Avenue, Chicago, IL, 60610

1428 North Cleveland Avenue Chicago, IL 60610

1428 North Cleveland Avenue, Chicago, IL, 60610
1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610 1428 North Cleveland Avenue, Chicago, IL, 60610
FOR SALE
Property Type:
Other Hospitality
Amount:
$2,995,000
Last Verified:
Jul 25, 2023


Description

A rare Airbnb/Bed & Breakfast business opportunity including a 4000+sf Single family home with 8 en-suites in
Old Town. This Gorgeous brick and limestone home was built in 2016 and is fully furnished with annual revenue of approx.
$520,000. This Single Family Home has a City of Chicago-approved Bed and Breakfast License. Incredible outdoor spaces
including multiple balconies plus an enormous rooftop terrace (69x18) with 2nd kitchen and the most amazing, panoramic
views of the city skyline! The main level is airy & bright, featuring 10' ceilings, wide-plank hardwood floors, a powder room, a
fireplace in the living room, a separate dining room, a professional custom kitchen with S/S appliances including 2
dishwashers, double ovens, 6 burner cooktop, enormous refrigerator/freezer, ice-maker, a Farmer sink & prep sink, stone
countertops plus a very large island with seating for 4 people plus a spacious family room with fireplace, all opening out to a
large deck! The 2nd & 3rd floors have the same layout. The walk-out basement is finished with 2 additional ensuites. It truly
is a beautiful property and can also just be a large single-family home! Walk to Lincoln Park, Zoo, Beaches, Shopping &
Restaurants. Nearby schools: Catherine Cook, Franklin, British International, LaSalle Language, St. Ignatius & Latin..

Chicago


Year Built: 2016
Building Size: 4000sq ft
Lot Size: 0 acres

Map of 1428 North Cleveland Avenue, Chicago, IL, 60610

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.