1021 W Webster Avenue

Chicago, Illinois 60614

Jodi Slutzky

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Property Type
Multiple Unit (2-4)
Lincoln Park

Once in a lifetime chance to purchase a piece of the Chicago history in the prestigious Sheffield neighborhood of Lincoln park just step to DePaul University. Next to multi million dollar homes. The opportunities are endless here: 1. Buy and just collect rent, 2. Live in one of the units and rent the rest of them 3. Convert to condos 4. Demolish and build 3 residential units and a commercial space in the favorable B1-2 zoning....more idea? It features 2 spacious simplex 3 bedroom apartments, 1 huge duplex down 3 bed /2 bath unit and a cute coach house. All of them have their own furnaces with gas forced heat and central air conditioning. Tenants pay their own gas and electric. Recently done roof, porch, updated plumbing, electric and bathrooms. This is a great place to park your money. $106,800 yearly rents with a lot of room for increase. Additional income from coin laundry. Current cap rate of 5.7% but could easily be more than 6%. Real estate broker owned.

Full Features
Exterior Type: Brick
Basement: Finished,Partially Finished,Exterior Access
Beds Above Grade: 10
Heating System: Gas, Forced Air
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Age: 100+ Years
Parking Type: Space/s
Parking Spaces: 1
Roof Type: Rubber
Room Count: 22
Water Front: No
Square Feet: N/A
Tax Amount: $21,320
Tax Year: 2016

Taxes & Assessments
Taxes: $21,320

Listing Office: Home Realty Group, Inc

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Lincoln Park photo

Lincoln Park

Lions and tigers and bears. Oh my. Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North side neighborhood is one of the most sought after…

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School District(s)
City Of Chicago Sd 299
Elementary School
Middle School

School Assignment Data provided by the National Center for Education Statistics
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Nearby Public Transportation

CTA Rail

at Armitage (0.25 miles away), Fullerton

Union Pacific North, Union Pacific Northwest, Milwaukee District West, Union Pacific West, Milwaukee District North, North Central Service

at Clybourn Metra (0.77 miles away), Clybourn, Ogilvie Transportation, Ogilvie Transportation Center and others


1021 W Webster Avenue Chicago, Illinois 60614 is a multiple unit (2-4) property, currently listed at $1,399,000. 1021 W Webster Avenue has 10 bedroom(s) and 5 bath(s). Want to learn more about 1021 W Webster Avenue Chicago, Illinois 60614? Contact an @properties agent to request more info.

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