The Revival in Chicago

Name: Sales in The Revival started!
Start: 2020-07-31T06:50:03.233823+00:00
End: 2023-12-31T23:59:59+0000
Location: The Revival

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Project info

Object ID: 8343

Finished at	September 2019
Price, m²	From 3090$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 210.00 m²
Floors	3
Apartments	9
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

648,900$

Net profit

9,376$

Payback period

55.2 years

Avg property value increase per year

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About the project

Built in 1905, the church and its adjacent school building played an important role in establishing the architectural character of the neighborhood in the early 20th century.

Today, the building has been given new life as a collection of 9 luxurious condominiums, incorporating original historic features such as pointed-arch windows, extensive corbelling, and the church’s four-stage bell tower.

Inside each home, original details complement upscale, contemporary finishes including Bosch or Thermador stainless steel appliances; European-style cabinetry; designer tile; and lighting by Lightology.

The Revival is a rare opportunity to own a piece of Chicago history in a neighborhood where past, present and future come together to form a vibrant and enriching city lifestyle.