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$935,000
Favorite
6,436
square ft

1242 W Winnemac Avenue

CHICAGO, Illinois 60640
Closed / MLS #9501835 / Multiple Family / Uptown
Listing information updated 4/5/2017 at 3:08am
Great investment opportunity with this legal 5-UNIT BUILDING in an awesome Andersonville Location! The oversized 40 by 136 ft lot holds a building that is extra-wide and much larger than it appears in the photos with 6,436 sq. ft. according to the tax records. Back of building features 4 back decks and a 2-car garage with parking pad for additional 2 cars or more. Good cash flow with room for improved revenue from future rent increases and/or additional improvements to the current finishes. Very easy to rent location just a couple blocks from Clark Street shops and restaurants and Argyle and Berwyn Red Line Stops. Building is in good shape with thermal pane windows, newer boiler, entirely new sewer line from street to building and absolutely wonderful tenants. Mix of building is one (3BR unit), two (2BR units) and two (1BR Units.) 5th unit is a legal garden unit. There aren't many buildings this size still available so it's an opportunity you won't find every day.

Full Features

Exterior Type:
Brick
Basement:
Partially Finished
Square Feet:
6,436
Built:
0000
Parking Spaces:
4
Cooling System:
Window Unit/s
Stories:
2
Roof:
Other
Current Use:
Residential-Multi-Family
Potential Use:
Residential-Multi-Family
Zoning:
MULTI
Building Square Feet:
6,436
Current Net Income:
$60,644
Unit 1:
7 room(s) / 3 bed(s) / 1 bath(s)
Unit 2:
6 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
5 room(s) / 1 bed(s) / 1 bath(s)
Unit 4:
6 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$13,821
Tax Year:
N/A

Location

Zip Code:
60640
City:
Chicago
County:
Cook

Listing Office: Baird & Warner

Listing Office Phone: 773.697.5555

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 4/5/2017 at 3:08am. 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.

Uptown

Uptown, IL

Uptown has a glamorous past as the stomping grounds of Charlie Chaplin, Gloria Swanson and Al Capone. Today it shines as a place to call home for Chicagoans seeking incredible access to the lakefront, public transportation and a vibrant entertainment scene. Uptown’s early glamour is still reflecte...

CTA

CTA
Red line at Argyle

Metra

Metra
Union Pacific North line at Ravenswood Metra
$402,598
Average Sale Price
40
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1242 W Winnemac Avenue, Chicago, IL 60640

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1242 W Winnemac Avenue is a multiple family which sold for $935,000. This multiple family has been listed on @properties since February 13th, 2017 and was built in 0000. The nearest transit stops include Argyle CTA Red line and Ravenswood Metra Metra Union Pacific North line.

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