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Kiferbaum Development

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56 W Huron in Chicago

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Project info

Object ID: 12866

Finished at	January 2019
Price, m²	From 7980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 225.00 m²
Floors	13
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,795,500$

Net profit

9,376$

Payback period

152.7 years

Avg property value increase per year

6%

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About the project

Located on a quaint, tree-lined street, 56 W Huron uniquely evokes luxury and elegance in this quiet enclave of River North bordering the Gold Coast.

The thoughtfully designed interior layouts blend effortlessly outside to the large and private terraces.

Developer

Details about Kiferbaum Development

Hotline

+1 855 588 8066

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56 W Huron on the map of Chicago

56 West Huron Street, Chicago, IL

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