351 West Huron in Chicago

Name: Sales in 351 West Huron started!
Start: 2020-07-31T06:40:27.682167+00:00
End: 2023-12-31T23:59:59+0000
Location: 351 West Huron

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Project info

Object ID: 8342

Finished at	September 2016
Price, m²	From 8100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 420.00 m²
Floors	7
Apartments	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

3,402,000$

Net profit

9,376$

Payback period

289.4 years

Avg property value increase per year

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Promos and discounts for 351 West Huron

About the project

This fabulous development offers a truly one-of-a-kind boutique building experience in the perfect River North location. Offering six, full-floor residences, each with a private elevator entrance for direct access into your own thoughtfully designed 4500 square foot luxurious home. Architectural loft-style floor to ceiling windows and doors open to 1500 square feet of wide, encompassing outdoor terrace. Gracious rooms with 10’ ceilings and an open floor plan make this property a unique find and an entertainer's dream in River North. The kitchen features Wolf, sub-Zero, Asko and Miele appliances, quartz countertops, imported Italian cabinetry, an oversized island with seating and an adjoining prep kitchen and pantry. The adjacent great room, dining room, and living room complete the open floor plan perfect for your personal design. The large master suite has a private outdoor terrace and offers oversized closet space, a beverage bar and a spa bath. There are also three additional bedroom suites with an easy option for conversion for one into a den or media room. The home is completed with a two+ private garage. A secured entry into the building includes a beautifully designed lobby with mailroom and package room for easy secured deliveries. The ultimate in city living!