About the Listing MKPR01 - KRICHTER,KRICHTER

Exceptional investment opportunity in the heart of Historic St. Charles! This fully furnished duplex at 568 Madison Street is currently operating as a successful Airbnb/VRBO with proven gross income of $75,000 in the past year — documentation available for qualified buyers. Offered completely turnkey, the property is being sold with all furniture, décor, housewares, and operational setup included, allowing a new owner to step in and begin generating income immediately from day one. The duplex layout offers flexibility for multiple investment strategies, including short-term rental, long-term duplex leasing, or owner-occupancy with supplemental rental income. However, the highest and best use is its continued operation as a short-term rental. A major value-add: the existing short-term rental permit transfers with the sale, which is extremely rare, as the City of St. Charles is no longer issuing new Airbnb permits. This creates a strong barrier to entry and enhances the long-term income potential and uniqueness of the asset. Located just minutes from Historic Main Street, restaurants, shopping, riverfront attractions, and major commuter routes, this property is ideally positioned to attract year-round visitors and maximize occupancy. Investment Highlights: -Duplex configuration -Currently operating as Airbnb/VRBO -$75,000 proven gross annual income 2025 -Sold fully furnished – turnkey operation -Transferable short-term rental permit -No new Airbnb permits allowed in St. Charles City -Ideal for investors or owner-operators -Prime location near Historic Main Street & attractions -A rare opportunity to acquire a cash-flowing short-term rental asset in one of St. Charles’ most desirable and supply-constrained markets.

Listing Highlights