57 E Cedar Street, Chicago IL 60611
Property Description
Rare Airbnb opportunity in Chicago's Historic Gold Coast! This exceptional brownstone offers a unique investment opportunity in one of Chicago's most sought-after neighborhoods. Located within the vibrant Gold Coast Historic District, the property features three well-appointed residential units: one spacious 2-bedroom, 2-bath residence and two 1-bedroom, 1-bath units. Even more valuable, the Airbnb license transfers to the new owner, providing an outstanding opportunity for short-term rental income. A rare combination of income producing property, historic charm and prime location! Close proximity to an abundance of restaurants & shopping, Magnificent Mile, Lake Michigan, Oak Street Beach, North Ave Beach, public transportation including bus routes and the EL. One small on site parking spot included. Option for new owner to apply for federal and state tax incentives through historic tax credit programs. This property is occupied throughout most of the year and monthly income varies depending on the time of year.
Features & Information
Key Details
- List Price $1,699,990
- Property Taxes $32,601
- Year Built 1891
- Status New
- List Market Time 2
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 2
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors
- Rent $0/mo
- Tenant Pays None
- Lease Expires 0
-
Unit 2
- Floor 2
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Gas, Hardwood Floors
- Rent $0/mo
- Tenant Pays None
- Lease Expires 0
-
Unit 3
- Floor 3
- Rooms 4
- Beds 1
- Baths 1
- Appliances Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner, Fireplace-Gas, Hardwood Floors
- Rent $0/mo
- Tenant Pays None
- Lease Expires 0
Exterior Features
-
Parking
- # of Cars: 1
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Lake Shore Drive To Cedar, West To Property Or State Street To Cedar, East To Property.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 32601.11
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 17032020661004
Listed by Tina Culver Amelio for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/8/2026 5:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Gold Coast
Undoubtedly one of Chicago’s most affluent neighborhoods, the Gold Coast is a mix of grand 19th century mansions, luxury high-rise condominiums and renovated gray and brownstone walkups. Here, old and new seamlessly blend together with the connecting thread of wealth and status. Shaded avenues, landscaped walkways and prim wrought-iron fences add to the neighborhood’s refined appeal. A stroll among the massive stone structures that once housed many of Chicago’s wealthiest and most influential families is breathtaking.
Sharing the block with lofty, contemporary condos are majestic, symmetrical Georgian Revival mansions and impressive, stone-turreted Richardsonian Romanesque townhouses that unquestionably suit the elite, but welcome the attention of any passerby. In fact, Gold Coast neighborhood architecture and history is celebrated by annual walking tours sponsored by various architectural foundations.
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