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Historic Brownstone Triplex
New
For Sale
$1,699,990

57 E Cedar Street, Chicago, IL 60611

Three residential units include a two-bedroom residence and two one-bedroom apartments, with a transferable Airbnb license.

Property SizeContact for details
Days on Market5

Property Features for 57 E Cedar Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $32,601

Building Details

Year Built 1891
Listing Agency: @properties Christie's International Real Estate
Listed By: Tina Culver Amelio
Source: Harkinsandassociates
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 5 at 8:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

Built in 1891, this Chicago brownstone contains three residential units: one two-bedroom, two-bath residence and two one-bedroom, one-bath units. The Airbnb license transfers to the new owner, supporting continued short-term rental use. One small on-site parking space is included.

The property is in Chicago’s Gold Coast Historic District, near restaurants, shopping, the Magnificent Mile, Lake Michigan, Oak Street Beach, and North Avenue Beach. Bus service and the “L” provide additional public transportation access.

The historic designation may allow the new owner to apply for federal and state historic tax credit programs. The property is occupied through much of the year, with monthly income varying seasonally.

Key Highlights

  • Three‑unit configuration with one 2‑bedroom, 2‑bath residence and two 1‑bedroom, 1‑bath units
  • Transferable Airbnb license included
  • 1891 construction in Chicago’s Gold Coast Historic District

Property Analytics

Current Use

First Class Chicago Vacation Rental

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Restaurant Auto Parts Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15,146
Businesses Nearby

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include a two-bedroom residence and two one-bedroom apartments, with a transferable Airbnb license.
Where is this triplex located?
The property is located at 57 E Cedar Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,699,990.
What are key features of this property?
This property features: Three‑unit configuration with one 2‑bedroom, 2‑bath residence and two 1‑bedroom, 1‑bath units; Transferable Airbnb license included; 1891 construction in Chicago’s Gold Coast Historic District
More about this property
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