The Sono Chicago | 1428 N Cleveland Ave
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The Sono Chicago 1428 N Cleveland Ave
7 Room Bed and Breakfast Chicago, IL 60610 £2,345,983 (£335,140/Room)
Executive Summary
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..
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £2,345,983 | Building Size | 4,800 SF |
| Price Per Room | £335,140 | No. Rooms | 7 |
| Sale Type | Investment | Number of Floors | 4 |
| Property Type | Hospitality | Year Built | 2016 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 0.63/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.07 AC |
| Price | £2,345,983 |
| Price Per Room | £335,140 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,800 SF |
| No. Rooms | 7 |
| Number of Floors | 4 |
| Year Built | 2016 |
| Parking Ratio | 0.63/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | £108.88 | - |
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 17-04-122-042-0000 | Improvements Assessment | £156,660 (2024) |
| Land Assessment | £35,549 (2024) | Total Assessment | £192,209 (2024) |
PROPERTY TAXES
Parcel Number
17-04-122-042-0000
Land Assessment
£35,549 (2024)
Improvements Assessment
£156,660 (2024)
Total Assessment
£192,209 (2024)
zoning
| Zoning Code | B-1 |
| B-1 |
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The Sono Chicago | 1428 N Cleveland Ave
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