$1,650,000

beds

baths

3,200

square ft

1342 W Webster Avenue

Chicago, Illinois 60614

Closed / MLS #12323163 / Single Family / Lincoln Park

Listing information updated 5/15/2025 at 6:04am

Lincoln Park multi-unit that is easily converted to a single-family home with minimal modifications or leave as is for nanny/in-law arrangement. Located in the highly sought-after Oscar Mayer School District, this gorgeous and updated property offers incredible versatility by transforming into a 4-bedroom, 5-bathroom single-family home or live comfortably in the spacious owner's unit while generating rental income. Currently configured as a 2-flat, the owners unit spans the top two floors, offering 3 bedrooms and 3 full baths, completely remodeled within the last decade with high-end finishes throughout. The chef's kitchen is a showstopper, featuring custom cabinetry, a walk-in pantry, and top-of-the-line appliances, including a Sub-Zero refrigerator, 6-burner Thermador cooktop, oven, and dishwasher. The oversized island makes it perfect for entertaining. A newly installed family room fireplace with a sleek marble surround adds warmth and elegance. Upstairs, you'll find three spacious bedrooms, including a primary suite with a walk-in closet and a spa-like en-suite bath featuring an oversized shower, skylight, and dual vanity. A side-by-side laundry room is conveniently located on this level, and a third full bath is on the main floor. The owner currently occupies this space, but market rent is estimated at $7,000-$8,000/month. The lower-level unit is a completely renovated 1-bed, 2-bath apartment, featuring a new kitchen, bathrooms, flooring, and fireplace. The long-term tenant, in place since 2020, is on a month-to-month lease at $2,395/month, well below the estimated market rent of $2,700-$2,800/month. The unit includes in-unit laundry, and the tenant pays their own utilities. Additional Highlights include a heated 2-car garage with Trex rooftop deck, a whole-house generator servicing both units, and three HVAC systems (one per floor) for maximum efficiency. Whether you enjoy the flexibility of rental income or convert it into your dream single-family home, this is a great home in Lincoln Park!

Full Features

Exterior Type:

Brick,Block

Basement:

Finished,Full

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air, Sep Heating Systems - 2+

Appliances:

Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

Unknown

Parking Type:

Garage - Garage Door Opener,Heated Garage,On Site,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

3,200

Lot Size:

Less Than .25 Acre

External Features:

Patio/Porch

Room Information

Living Room:

13x19 - Main

Dining Room:

8x19 - Main

Kitchen:

15x16 - Main

Family Room:

16x19 - Main

Primary Bedroom:

20x14 - Second Level

2nd Bedroom:

16x19 - Second

3rd Bedroom:

11x10 - Second

4th Bedroom:

15x18 - Basement

Foyer:

5x9 - Main Level

Walk In Closet:

5x14 - Second Level

Deck:

19x25 - Main Level

Laundry:

5x5 - Second Level

Taxes & Assessments

Tax Amount:

$23,888

Tax Year:

2023

Location

Zip Code:

60614

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

Oscar Mayer Elementary School

Middle School:

Oscar Mayer Elementary School

High School:

N/A

Exterior Type:

Brick,Block

Basement:

Finished,Full

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Forced Air, Sep Heating Systems - 2+

Appliances:

Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

Unknown

Parking Type:

Garage - Garage Door Opener,Heated Garage,On Site,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

3,200

Lot Size:

Less Than .25 Acre

External Features:

Patio/Porch

Living Room:

13x19 - Main

Dining Room:

8x19 - Main

Kitchen:

15x16 - Main

Family Room:

16x19 - Main

Primary Bedroom:

20x14 - Second Level

2nd Bedroom:

16x19 - Second

3rd Bedroom:

11x10 - Second

4th Bedroom:

15x18 - Basement

Foyer:

5x9 - Main Level

Walk In Closet:

5x14 - Second Level

Deck:

19x25 - Main Level

Laundry:

5x5 - Second Level

Tax Amount:

$23,888

Tax Year:

2023

Zip Code:

60614

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

Oscar Mayer Elementary School

Middle School:

Oscar Mayer Elementary School

High School:

N/A

Listing Office: @PROPERTIES

Listing Office Phone: 773.472.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/15/2025 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.