Incredible and rare Income-Producing Sheridan Beach vacation rental. Fully stabilized, this beautiful, high-demand LAKE VIEW property produces 85,000 in documented gross rental income on a rolling 12 months as of May 2026 with opportunity to earn even more with more available dates. Many bookings already for 2026. All the hard work is done so you can walk into this Turn-Key high-performing vacation rental with PROVEN income-producing history during peak and non-peak seasons. The home itself is a custom-built gem perched high on top of a dune, offering panoramic views of Lake Michigan, Washington Park, and Chicago. Renters love the open concept, generous parking including 2.5 car garage, fully-stocked kitchen with newer stainless steel appliances, and full bathrooms in each bedroom. Built for utility and enjoyment, this property delivers a memorable experience. Other features include generous outdoors space and close access to community staircase that makes a short five minute walk to the beach and short trip to two local restaurants, Blue Chip Casino, and Downtown Michigan City. New Roof in 2025 and new furnace with whole house humidifiers and Ecobee thermostats in 2026. Property has been personally managed with professional cleaning to establish glowing online reputation with many positive reviews. Owner will assist purchaser with transition during upcoming rental season to owner's online rental platforms and cleaners. All furnishings and decor included except for two cabinets. Generate great passive income and own a property with unique features that you can enjoy as well!
Listed By
Agency Name: Coldwell Banker Market Connect
Agency Phone: (708) 694-4039
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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206 Hilltop Avenue, Michigan City, IN 46360.
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206 Hilltop Avenue | MLS# 835168
This single family home located at 206 Hilltop Avenue, Michigan City, IN 46360 is currently listed for sale with an asking price of $969,900. This property was built in 2002 and has 4 bedrooms and 5 full baths with 2856 sq. ft. Hilltop Avenue is located in the Lakeview Park Add subdivision. Search Lakeview Park Add real estate on www.coldwellbanker1stchoice.com today.