1328 State Parkway

    Chicago, IL 60610
    • $1,997,747
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 10331027
    UPDATED: 52 min ago
    $1,997,747
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $444
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    INCREDIBLE OPPORTUNITY TO OWN A LICENSED BED & BREAKFAST IN THE HEART OF THE GOLD COAST ON FAMED STATE STREET ACROSS FROM THE OLD AMBASSADOR EAST HOTEL AND ONE DOOR SOUTH FROM THE HISTORIC PLAYBOY MANSION. EXTRAORDINARY GOLD COAST HOUSE IS HISTORICALLY & ARCHITECTURALLY SIGNIFICANT. A CLASSIC ANDREW REBORI STRUCTURE BUILT IN 1930'S, AMENDED BY BERTRAND GOLDBERG IN 1950'S. FULL OF GLORIOUS LIGHT, SOARING CEILINGS IN THE 2-STORY FAMILY ROOM/ STUDIO; VIEWS OF LAKE; 5 GUEST ROOMS WITH 5 RENOVATED EN SUITE BATHS; 1-OF-A-KIND GALLEY KITCHEN + INCREDIBLE LARGE AND PRIVATE SITTING AREA/COURTYARD/LANDSCAPED GARDEN NESTLED BETWEEN 2 WINGS OF THIS HOME ON THE GROUND LEVEL. ATTACHED 2-CAR GARAGE. FINANCIALS ARE 2018 OWNER PROJECTION.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-07-17T18:53:00.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.centralilhomefinder.com/homes/93351315

    1328 State Parkway Chicago, IL 60610

    • Price: $1,997,747
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 10331027
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    4,500
    SQFT
    $444
    $/SQFT
    Neighborhood:
    Chi - Near North Side
    County:
    Cook
    Area:
    Chi - Near North Side
    Property Description
    INCREDIBLE OPPORTUNITY TO OWN A LICENSED BED & BREAKFAST IN THE HEART OF THE GOLD COAST ON FAMED STATE STREET ACROSS FROM THE OLD AMBASSADOR EAST HOTEL AND ONE DOOR SOUTH FROM THE HISTORIC PLAYBOY MANSION. EXTRAORDINARY GOLD COAST HOUSE IS HISTORICALLY & ARCHITECTURALLY SIGNIFICANT. A CLASSIC ANDREW REBORI STRUCTURE BUILT IN 1930'S, AMENDED BY BERTRAND GOLDBERG IN 1950'S. FULL OF GLORIOUS LIGHT, SOARING CEILINGS IN THE 2-STORY FAMILY ROOM/ STUDIO; VIEWS OF LAKE; 5 GUEST ROOMS WITH 5 RENOVATED EN SUITE BATHS; 1-OF-A-KIND GALLEY KITCHEN + INCREDIBLE LARGE AND PRIVATE SITTING AREA/COURTYARD/LANDSCAPED GARDEN NESTLED BETWEEN 2 WINGS OF THIS HOME ON THE GROUND LEVEL. ATTACHED 2-CAR GARAGE. FINANCIALS ARE 2018 OWNER PROJECTION.
    Exterior Features

    Approx Land Sq Footage 4500 Construction Brick Land Amenities Lighting/Exterior Location Park AdjacentPublic Transport Avail Lot Dimensions 18.6X125 Lot Sq Ft 2325 Number Of Parking Spaces 2 Roof Coverings Rubber Waterfront YN No

    Interior Features

    Air Conditioning Central Air Indoor Parking 1-5 Spaces Number Of Stories 3

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 139000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 4-6 Years Business Type Bed And Breakfast Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Electrical Service 101-200 Amps Gross Payroll 24000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 200000 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 200000 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances Other Living Quarters Possible Miscellaneous Outside CourtyardHighline CrossingPatio Net Operating Income Year 2018 Net Profit 163000 Net Profit Source Owner Projection Possession ClosingImmediate Potential Use Residential-Single Family Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 45000 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 37000 Type Of Lease None Unincorporated YN No Utilities To Site Electric To SiteGas To SiteWater-Municipal Zoning Type Other

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Koenigrubloff.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-07-17T18:53:00.49 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822