5209 N Winthrop Avenue

Chicago, Illinois 60640

Investors!!!! This solid brick, two unit building with beautiful front and back yard in hot Edgewater will start cash flowing from day one! The 1st floor unit duplex down has a finished basement featuring 4 bedrooms, 2 bathrooms and is currently rented to a long time tenant with annual $36,000's rental income! (Current tenant wants 6 yrs lease still has 5 yrs left! Currently used as a daycare) . The top floor unit features two bedrooms one bathroom, currently owner use one room, and rents out the another one to Airbnb for annual income around $21,000, (the income could be around $40,000 if the both two rooms rented to Airbnb). Potentially total annual income is around $76,000!!! Excellent location, three minutes walk to Redline train, Buses #22,#62,#147 are around corner, 5 mins walk to beach of Michigan Lake, Marianos, Starbucks, and tons of restaurants within walking distance. It could also be a great opportunity to live in the top floor unit, while rent out the duplex downstairs for substantial & impressive rental income! Recent rehab in 2013 and many since then including kitchen cabinets, granite countertops, boiler, electrical upgrades, new and resurfaced hardwood floors, silver recoated roof, appliances, and newer windows. Gated buzz-in entry. Building is landlocked, no parking space. Don't miss out this great investment.