Exceptional opportunity to own a townhome in one of Edgewater's most desirable locations-just steps from Loyola University, Lake Michigan, and the Granville Red Line station. This spacious residence offers three above-grade bedrooms and three-and-a-half bathrooms, plus a finished lower level featuring an additional bedroom/sleeping area, full bathroom, bonus room, laundry… Read More room, and mechanical room. The home was extensively updated in 2023 and is being offered fully furnished and equipped, providing a turnkey opportunity for either an owner-occupant or investor. It is currently operated as a licensed short-term rental and generated approximately $86,000 in rental income last year. Current-year bookings already exceed $94,000. The property is professionally marketed through Evolve and has earned more than 86 exceptional guest reviews, with an average rating of 4.95 out of 5. The existing rental listing may be transferable, subject to Evolve's policies and approval. Ideally located approximately 0.2 miles from the Granville Red Line station and 0.2 miles from Lake Michigan and the beach, with Loyola's campus, restaurants, shopping, cafes, and neighborhood amenities all nearby. A rare combination of location, flexibility, and proven income potential. Property configuration, lower-level room use, short-term rental licensing, future rental income, and listing transferability are subject to applicable requirements and should be independently verified by the buyer. Read Less
Courtesy of GNP Realty Partners, LLC 312-329-8400
Listing Snapshot
Days Online
77
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
3
Partial Baths
1
Square Ft.
1,800
Year Built
1959
MLS Number
12743779
Additional Details
Appliances & Equipment
Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Other equipment: Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Security Cameras
Basement
Finished, Full
Building
Built in 1959, Living area: 1800, 2 stories, Entry level: 1, Construction Materials: Brick
Cooling
Central Air
Exterior Features
Patio/Porch Features: Patio
Heating
Natural Gas, Forced Air
Home Owner's Association
Association Fee: $0, Fee Frequency: Not Applicable, Fee Includes: None
Laundry
In Unit, Laundry Closet, Sink
Lot
Dimensions: 2425
Parking
2 total parking spaces, Gravel, Off Alley, Assigned, Yes, Owned
Listings courtesy of Midwest Real Estate Data LLC. as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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