222 E Chestnut Street #3D, Chicago, IL 60611
Classic 2BR/2BA condo in historic Streeterville, steps from Michigan Avenue.
- Added:
- Sep 25, 2025
- Days on Market:
- 287
- Last Refresh:
- Jun 29 at 12:38 am
Property Features for 222 E Chestnut Street #3D
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1929
Listing office Jameson Sotheby's International Realty (847) 733-2805
Listing date Sep 25, 2025
Source Kw
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HighLights
- Prime Streeterville location: Enjoy being just 1 block to Lake Michigan and 1 block to Michigan Avenue.
- 24‑hour doorman and boutique elevator building with semi‑private entry shared with only one other unit.
- Rooftop deck with lake and city views.
- Spacious living/dining area suitable for entertaining and accommodating a grand piano.
- Updated kitchen appliances (2020) and new glass shower (2022).
- Building amenities include exercise room, storage room, free laundry, and secure dog walk.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $29.40 |
| − Vacancy | −$1.9k | −$1.53 |
| EGI | $34.8k | $27.87 |
| − OpEx | −$15.7k | −$12.54 |
| NOI | $19.2k | $15.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.620911
- Latitude
- 41.8986683