915 W Webster Avenue
Chicago, IL 60614

Status: Active
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $1,695,000

About this home

Presenting this stately, all brick 3-unit building in the heart of Lincoln Park on sought-after Webster Street. This gorgeous property is located on a lot that is over 26 feet wide, and is rehabbed throughout. Each unit in the building comes equipped with its own central air, gas forced heat, as well as a side-by-side washer and dryer. In addition, each unit has its own private walk-up front exterior entrance and separate meters. You'll love the new, extra-large rooftop deck that offers incredible skyline views and overlooks charming Lincoln Park. The sun-drenched top-floor unit boasts skylights, tall ceilings with large picture windows, and charming moldings that are typical of a classic Chicago vintage walk-up building. Additionally, the unit has been freshly painted and has newly refinished hardwood floors. The second floor unit is complete with 2 beds/1 bath, an eat-in kitchen and rear sunroom. The first floor unit has 2 bedrooms, 2 baths plus a rear den/office space. This freshly painted unit has a new HVAC(2023), and walks out to the building's rear patio and yard with firepit. The 2.5 car garage offers 2 garage spaces plus storage for additional income. These units are extremely easy to rent, and offer tons of potential and ability to increase rents making this a sound investment. Low maintenance building with endless possibilities. Do no miss this great opportunity for a live-in owner occupant, long-term investor or conversion to a single family residence in one of Chicago's most desirable neighborhoods. As a live-in owner -- live on the top floor with a private roof-deck and have a large income stream all while building equity and your portfolio. As a single family conversion -- gut renovate to create the home of your dreams in this desirable Lincoln Park location. Beautiful and classic Chicago property just steps to Halsted St and Armitage Ave shopping and dining; and conveniently located just a short walk to the Brown and Red lines. Oscar Meyer School District.

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 26.15X 125
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Style of House Brownstone, Row House
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years, Unknown
3 Bedroom Unit in Building No
Parking Total 2.5
Exterior Building Type Brick
Exterior Property Features Roof Deck, Brick Paver Patio, Storms/Screens
Foundation Stone
Garage Details Garage Door Opener(s), 7 Foot or more high garage door
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2.5
Parking Garage
Rehab Year 2001
Roof Type Rubber
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 03/07/2024 6:26 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lincoln Park
Corporate Limits Chicago
Directions Webster on south side of street; 2 blocks west of Halsted or 1 block east of Sheffield
Equipment CO Detectors
Elementary School Oscar Mayer Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 19
Units
unit 1
Beds Total 2
Baths Total 2
Actual Rent 2975
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 08/24
Rooms Total 7
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 3000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Artificial, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 3200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Laundry Hook-Up, Hardwood Floors, Skylights/Windows
Full Baths Total 1
Lease Expiration Date 07/24
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 3

Financials

Gross Rental Income $112,260
Insurance Expense $3,786
Insurance Expense Source Actual
Other Addl Income Garage/s
Rental Income 112260
Investment Profile Residential Income
Water Expense $1,343

Tax/Assessments/Liens

PIN 14322180050000
Special Assessments N
Taxes $25,007
Tax Exemptions None
Tax Year 2022
$1,695,000 Listing Price:
MLS # 11996983
Investment Profile Residential Income
Listing Market Time 54 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 03/06/2024
Year Built
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