Own a 2-Bedroom Airbnb with Parking in Lincoln Park for $399K: 2204 N. Clybourn
This 2-bedroom at 2204 N. Clybourn in the Clybourn Corridor of West Lincoln Park came on the market in February 2022.
Built in 1918, this building has 6 units and gated parking.
This unit doesn’t have many of its vintage features other than a wood burning fireplace and 10 foot ceilings.
It has hardwood floors.
The eat-in kitchen has white cabinets, stainless steel appliances, and a checkerboard tile backsplash.
The primary bedroom is en suite.
There is a dining room.
The unit has features buyers look for including central air, washer/dryer in the unit and gated parking is included.
But if you don’t want to move in, the listing says it is an Airbnb short-term rental property with a City of Chicago license.
From the listing:
“Condo rules are silent about short term rental and board has approved that use as long as it is done with the community in mind. Unit can be sold with furniture and housewares to continue to run. Management services available from current owner if desired. AirBnb listing and reservation summary can be provided upon request.”
This unit is close to DePaul, Mariano’s, Pequod, the North and Clybourn shops and restaurants and those on Armitage. This property last sold in July 2021 for $315,000. At that time, it was also listed as an Airbnb property.
It has come back on the market for $84,000 more at $399,000.
This unit was already under contract once since its February 2022 listing.
Does it being an Airbnb get it the premium over last year’s sales price?
Stacy Karel at @Properties has the listing. See the pictures and floor plan here.
Unit #2: 2 bedrooms, 2 baths, 1200 square feet
- Sold in June 1999 for $230,000
- Sold in March 2005 for $298,000
- Sold in August 2008 for $306,000
- Sold in July 2021 for $315,000
- Originally listed in February 2022 for $399,000
- Under contract
- Back on the market at $399,000
- Assessments of $300 a month (includes scavenger, snow removal)
- Taxes of $6279
- Central Air
- Washer/dryer in the unit
- Gated parking space included
- Wood burning fireplace
- Bedroom #1: no measurements listed
- Bedroom #2: no measurements listed
- Dining room
- Living room
- Kitchen