2645 W Winnemac Avenue
Chicago, IL 60625

Status: Active
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $780,000

About this home

Discover unparalleled investment potential in the heart of Lincoln Square, where prime location meets sophisticated living. This elegantly remodeled 2-flat boasts beautiful kitchen cabinets equipped with quartz countertops and brand-new stainless steel appliances in the owner's unit. Essential amenities, including refrigerators, stoves, dishwashers, microwaves, and in-unit washers/dryers, make this building a place highly desired by tenants. Pristine hardwood flooring and significant upgrades that include a brand new boiler installed in 2023, expert tuckpointing completed in 2022, refreshed hallways with new drywall, and meticulously-restored stairs. Financial savvy meets convenience. The extra-wide lot accommodates an oversized detached brick 2.5 car garage, offering ample space and storage. The full basement, featuring dual exits and preexisting plumbing for a kitchen and bath, presents a golden opportunity for expansion. Furthermore, this property is eligible for the City of Chicago's ADU Pilot Program, potentially allowing for the legal addition of at least two more living units, thereby enhancing its investment appeal. Situated within walking distance of the Brown Line, and amidst a vibrant array of restaurants and shopping options, this property offers a seamless blend of lifestyle and investment opportunity. Seize the chance to own a piece of Lincoln Square now!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Parking Total 2.5
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2.5
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lincoln Square
Zoning Type MULTI
Corporate Limits Chicago
Directions east/west on Foster to California, south to Winnemac, 1-way east to property.
Equipment Ceiling Fan(s)
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Steam, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Finished, Exterior Access
Basement Full ,Walkout
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 2400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Tenant Pays Electric
Floor Number 2
Property / Lot Details
Lot Dimensions 30 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

ElectricExpense 199
Electric Expense Source Owner Projection
Fuel Expense $2,150
Fuel Expense Source Owner Projection
Insurance Expense $2,211
Insurance Expense Source Owner Projection
Investment Profile Residential Income
Water Expense $623

Tax/Assessments/Liens

PIN 13124090050000
Special Assessments N
Taxes $13,164
Tax Year 2022
$780,000 Listing Price:
MLS # 12021075
Investment Profile Residential Income
Listing Market Time 35 days
Basement Full ,Walkout
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 04/04/2024
Year Built
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