Superior House in Chicago

Name: Sales in Superior House started!
Start: 2020-08-03T07:35:50.857109+00:00
End: 2023-12-31T23:59:59+0000
Location: Superior House

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Project info

Object ID: 8373

Finished at	January 2020
Price, m²	From 10880$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 165.00 m²
Floors	12
Apartments	34
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area 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

1,795,200$

Net profit

9,376$

Payback period

152.7 years

Avg property value increase per year

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About the project

Inspired by a robust narrative of art and renewal, Ascend Real Estate Group has partnered with FitzGerald Associates Architects and Gary Lee Partners to boldly conceptualize Superior House in its own prestigious enclave of the vibrant River North neighborhood. Through the limited edition offering of 34 luxury condominium residences, all designed as corner units with expansive balconies per floor, Superior House is reinterpreting Chicago luxury homes.