Closed

1242 W Winnemac Avenue

Chicago, Illinois 60640


Debra Secher
312.636.7000

Request More Info

$935,000


Square Footage
6,436
Debra Secher
312.636.7000
Email me
Property Type
Multiple Family
Neighborhood


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
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 6,436
Tax Amount: $13,821
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
Taxes: $13,821

Listing Office: Baird & Warner

broker reciprocity

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. 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.



Nearby Public Transportation

CTA Rail

at Argyle (0.14 miles away)

Metra
Union Pacific North

at Ravenswood Metra (0.77 miles away)







1242 W Winnemac Avenue Chicago, Illinois 60640 is a multiple family property, which sold for $935,000. Want to learn more about 1242 W Winnemac Avenue Chicago, Illinois 60640? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.