The Bentham in Chicago

Name: Sales in The Bentham started!
Start: 2020-08-03T08:00:21.575597+00:00
End: 2023-12-31T23:59:59+0000
Location: The Bentham

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Project info

Object ID: 8375

Finished at	July 2020
Price, m²	From 7700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 180.00 m²
Floors	15
Apartments	31
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool 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

1,386,000$

Net profit

9,376$

Payback period

117.9 years

Avg property value increase per year

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Promos and discounts for The Bentham

About the project

A collection of 31 exceptional residences located where the bustling scene of River North meets the iconic elegance of the Gold Coast…experience incredible art, fine dining, and renowned attractions that serve as the backdrop to your daily pursuits.

The Bentham provides five-star hotel amenities, including a 24 hour concierge staff, on-site maintenance personnel and dry cleaning drop-off. Residents will enjoy spectacular skyline views from the 15th floor rooftop which includes a pool with sun deck and fire pits. Residents will also be able to take advantage of a state of the art fitness center, fully equipped with yoga, cardio and weight areas as well as a large community room with a gourmet catering kitchen. Individual storage lockers and bike storage are available as well.

Each unit is 3 bedroom/3 bathroom with an open floor plan featuring a combination of modern indoor/outdoor living, expansive floor to ceiling windows and private elevator access. Generous private terraces with ample space for seating and dining areas extend the living space throughout the warmer months. A Florense Contemporary Kitchen with European Style Cabinets and Dornbacht Plumbing Fixtures includes top-of-the-line appliances: Integrated Sub-Zero Refrigerator/Freezer, Wolf Gas Stainless Steel Cooktop, Wolf Microwave with Drop Down Door, Wolf E-Series Dual Convection Oven, and Asko Fully Integrated Dishwasher. The bathrooms feature Hansgrohe Plumbing fixtures and Duravit toilets, and the master bath, adorned with Fiandre Italian porcelain tile, includes a free standing tub, walk-in shower with frameless glass door, and radiant heated floors. Masterfully appointed with designer finishes throughout, the units are designed for everyday comfort and luxury.