660 W Wayman Street unit: 307 Turn-key Airbnb in Downtown Chicago. Fully-furnished 2 bed / 2 bath condo in the West Loop. Rare opportunity to purchase a high-cashflow, hands-off, passive investment property near Fulton market. Proven revenue streams include gross annual revenue of $70, 559 with a net operating income (NOI) of $36, 424 after building expenses ($11, 459), Airbnb expenses ($8, 563), and management fees ($14, 111). Investors can achieve an 8.67% cap rate with full property management in place, or opt to self-manage and boost the NOI by over $14, 000, pushing the cap rate to 12% for even stronger cash flow (see trailing 12 months profit/loss in the documents). Currently managed by Dream Town Rentals, a short term rental operator that handles all bookings, guest communications, cleaning, turnaround, etc. Property comes with the furniture. Several upcoming bookings transfer to the new owner.