Vista Residences in Chicago

Name: Sales in Vista Residences started!
Start: 2020-08-03T09:34:28.446827+00:00
End: 2023-12-31T23:59:59+0000
Location: Vista Residences

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Project info

Object ID: 8382

Finished at	April 2020
Price, m²	From 18800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 99.00 m²
Floors	101
Apartments	406
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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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

1,861,200$

Net profit

9,376$

Payback period

158.3 years

Avg property value increase per year

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About the project

Vista Residences is a new condo development by Wanda Group and Magellan Development Group at 375 East Upper Wacker Drive, Chicago. The development was completed in 2020.

Vista Residences combine elegant interiors, exquisite finishes, and sweeping views to create an ultra-luxury living experience unlike any other. With flexible floorplans to fit any lifestyle, now is the perfect time to tailor the home that's right for you.