$1,699,990
Price decreased by $299,010 on Sep 03, 2026

Elegant Brownstone With Airbnb Potential In Gold Coast

  • 4 Beds
  • 4 Baths
  • Updated: September 8
  • MLS#12735025

About the Property

Rare Airbnb opportunity in Chicago’s Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago’s most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious two-bedroom, two-bath residence and two one-bedroom, one-bath units. Even more valuable, t
Rare Airbnb opportunity in Chicago’s Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago’s most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious two-bedroom, two-bath residence and two one-bedroom, one-bath units. Even more valuable, the Airbnb license transfers to the new owner, providing an outstanding opportunity for short-term rental income. A rare combination of income producing property, historic charm, and prime location! Close proximity to an abundance of restaurants and shopping, Magnificent Mile, Lake Michigan, Oak Street Beach, North Ave Beach, public transportation including bus routes and the EL. One small on-site parking spot included. Option for new owner to apply for federal and state tax incentives through historic tax credit programs. This property is occupied throughout most of the year and monthly income varies depending on the time of year.
  • Property type

    Other

  • Year built

    1891

Features

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57 Cedar Street Chicago IL 60611, Illinois, United States View on Google Maps
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Tina Culver Amelio

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Tina Culver Amelio
Illinois, United States
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806 N. Peoria, 60642, Chicago, Illinois, United States
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Chicago’s luxury property market has changed dramatically within the past decade – growing from a small, self-co

Chicago’s luxury property market has changed dramatically within the past decade – growing from a small, self-contained specialty, served by a handful of brokers, to a vast and highly competitive marketplace requiring an ever-increasing level of sophistication and reach.

Today, what drives success in the luxury market is not only a skilled and accomplished corps of agents, but also a comprehensive marketing strategy to brand individual listings and reach a relatively diverse audience.

That is why we offer the @Luxury Collection, a sales and marketing program that leverages @properties’ unmatched resources and relationships to meet the needs of Chicago’s luxury property owners. From new-construction in Lincoln Park to landmark mansions in the North Shore, from vintage high-rises along Lake Shore Drive to the newest generation of super-luxury towers, @properties has successfully marketed and sold hundreds of millions of dollars in high-end Chicago real estate.

Last updated
September 8
First listed
Aug 21
Listing reference
4159433b-9bc2-11f1-831f-6045bdd61ac4
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