Cirrus Condos in Chicago

Name: Sales in Cirrus Condos started!
Start: 2020-07-30T08:49:53.973645+00:00
End: 2023-12-31T23:59:59+0000
Location: Cirrus Condos

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Project info

Object ID: 8331

Finished at	December 2021
Price, m²	From 7620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	47
Apartments	363
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Pool Commercial area 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

464,820$

Net profit

7,813$

Payback period

46.0 years

Avg property value increase per year

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About the project

Lakeshore East living designed around you

Imagine being welcomed home with magnificent views of the Chicago skyline, Chicago River, and Lake Michigan. Unwinding in the massage room, wine cellar, or yoga studio—all just an elevator ride away. Following the path from your door, through Cascade Park, to Lake Michigan for a sunset stroll or morning run. Having the convenience of shops, restaurants, parks, schools, and entertainment minutes away.

That’s life at Cirrus Condominiums.

In the premier location where Lake Michigan and the Chicago River meet, these Lakeshore East condos exude modern elegance. These one, two, three, and four-bedroom luxury condos feature floor-to-ceiling windows that perfectly frame the view from any vantage point. Cirrus also offers over 48,000 square feet of world-class wellness amenities, unparalleled lake views, and direct access to parks, restaurants, the Chicago River, and Lake Michigan.

Developer

Being bold and innovative characterises our approach and doing what matters defines our intent. We create award-winning urban precincts, ne…
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