2721 West Winnemac Avenue, Chicago, IL 60625 | Listings

2721 West Winnemac Avenue, Chicago, IL 60625

  • $1,275,000
  • 6 Beds
  • 3 Full Baths
  • 5,500 sq ft
  • Multi-Unit
  • Listing #11469883

Property Description

PHENOMENAL ARMCHAIR INVESTMENT OPPORTUNITY IN PRIME LINCOLN SQUARE LOCATION. THIS CONDO QUALITY 3 FLAT, WITH ADU POTENTIAL, SITS ON AN EXTRA-WIDE 33 X 125 FT LOT! ALL 3 UNITS HAVE 9FT CEILINGS, SPACIOUS BEDROOMS WITH WALK-IN ORGANIZED CLOSETS, SUNROOMS, DENS, SEPARATE DINING ROOMS, STUNNING HARDWOOD FLOORS, DECORATIVE FIREPLACES & RECESSED LIGHTING. UPDATED BATHROOMS W/ DUAL VANITIES & HIGH QUALITY GROHE FIXTURES, THAT ALONG W/ FULL SIZED FRONT LOAD WASHERS & DRYERS IN EACH UNIT. KITCHENS WERE REBUILT W/ ON TREND SOLID WOOD CABINETS FEATURING SOFT CLOSE DOORS, ACCENT LIGHTS & PULL OUT SHELVES + GRANITE COUNTERTOPS & STAINLESS STEEL APPLIANCES. UNITS 2 & 3 HAVE SEPARATE HIGH EFFICIENCY FURNACES, AIR CONDITIONERS & POWER VENTED HIGH EFFICIENCY HOT WATER TANKS W/ GRUNDFOS CIRCULATING PUMPS FOR BETTER EFFICIENCY AND INSTANT HOT WATER. ALL UNITS HAVE 200 AMP ELECTRIC SERVICE, CAT6 & RG6 WIRING THROUGHOUT W/ HOME RUN IN HALL CLOSETS. ADDITIONALLY ALL 3 UNITS FEATURE AN EXPOSED BRICK ACCENT WALL BETWEEN THE KITCHEN & DEN, WHICH GIVES THEM A UNIQUE URBAN FEEL. BUILDING HAS BEEN LOVINGLY MAINTAINED. PLENTY OF ADDITIONAL STORAGE INCLUDING SEPARATE STORAGE CLOSETS AND ENCLOSED PORCHES IDEAL FOR STORING BOXES, BIKES, SUITCASES AND HOLIDAY DECORATIONS. /// BUILDING WAS GUT REHABBED IN 2018 COMPLETED W/ PERMITS WHICH INCLUDED REMODELEING ALL 3 UNITS + REPLACING MOST WINDOWS WITH HIGH EFFICIENCY LOW E GLASS & SPRING BALANCED FRAMES. NEW PLUMBING AND ELECTRICAL THROUGHOUT + NEW WATER SERVICE ALL THE WAY TO THE STREET. NEW CHIMNEY LINER 2022, LED LIGHTING, FRONT LINTELS REPLACED 2020. EAST SIDE PARAPET WALL TUCKPOINTED IN 2022.OLDER ROOF THAT HAS BEEN MAINTAINED. BACK PATIO OASIS CONSTRUCTED IN 2018 WITH HAND LAID ANTIQUE CHICAGO COBBLESTONE. LUXURY TEAK PATIO SET AND EXTERIOR LIGHTING. THERE IS ALSO A TWO CAR DETACHED GARAGE PLUS AN EXTERIOR PARKING SPACE./// VALUE ADD OPPORTUNITY AS THIS PROPERTY IS INSIDE THE ADU BOUNDARIES. THE SPOTLESS BASEMENT HAS 8FT. CEILINGS. BUILD OUT AS GARDEN APARTMENT ADU FOR ADDITIONAL RENTAL INCOME OR COMBINE WITH 1ST FLOOR FOR HUGE DUPLEX DOWN OWNERS UNIT. BUILDING HAS 4 GAS METERS. LOCATED JUST MINUTES TO LINCOLN SQUARE, RIVER PARK, THE BROWN LINE TRAIN STATION, SWEDISH HOSPITAL (WHICH IS IN THE PROCESS OF EXPANDING THEIR FOOTPRINT), LOCATION--A-PLUS--QUIET TREE-LINED STREET, RIVER PARK, RIVER WALK, LINCOLN SQUARE SHOPPING/ RESTAURANTS, TRAIN, HEALTH CLUBS, GROCERY STORES-, MOVIE THEATRE, CULTURE--ALL A STONE-THROW AWAY. IT DOES NOT GET BETTER THAN THIS! (NEITHER SELLER NOR AGENT REPRESENT THE POTENTIAL LEGALITY OF BUILDING OUT AS A GARDEN UNIT.) RENTS INCLUDE PARKING. LEASES EXPIRE IN SUMMER OF 2023. A PLEASURE TO SHOW. PRE-APPROVED BUYERS ONLY. PROPERTY IS BEING SOLD "AS IS" AND WITH NO REPRESENTATIONS OR WARRANTIES.// CURRENTLY A 5.7% CAP (WITH NO R&M) WITH POTENTIAL FOR HIGHER (SEE ADU MAP IN ADDITIONAL INFORMATION.)TENANTS PAY FOR ALL GAS, ALL ELECTRICITY, AND ALL CABLE/INTERNET TO THEIR APARTMENTS. A PLEASURE TO SHOW. SELLER IS AN ILLINOIS LICENSED REAL ESTATE BROKER BUT NOT THE LISTING AGENT.

Listing Details

Price$1,275,000
Bedrooms6 Beds
Bathrooms3 Full Baths
Property TypeMulti-Unit
Listing #11469883
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet5,500

Exterior Features

Lot Size33 x 125

Courtesy of Arlyn Tratt, NextHome Elite

This content last updated on 8/11/2022 8:33 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Schedule a Private Showing

Fill out the form below to schedule a showing.

  • Housing Occupancy

  • Rural vs. Urban

  • Market occupancy and urban/rural information from Home Junction Inc.

Community Information for Chicago, IL 60625

  • Population Facts

    • Total Population
    • Population 5 Year Forecast
    • Population Density
    • Area Size
    • Median Population Age
    • Total Households
    • Average Household Size
    • Median Householder Age
    • Median Rent
  • Population by Age Range

  • Population by Sex

  • Population by Race

  • Highest Education Level Completed

    Education - Current Enrollment

  • Annual Household Income

    Daily Commute

  • Population Employment

  • Consumer Price Indexes

Safety in Chicago, IL 60625

  • Crime Threat Index

Weather in Chicago, IL 60625

  • Weather Facts

    • Daily Chance it's Sunny
    • Average Daily Sky Cover
    • Annual Days of Clear Sky
    • Annual Days of Rain
    • Annual Days of Snow
    • Annual Rain
    • Annual Snow

    Average Temperatures

  • Monthly Weather

Community information from Home Junction Inc.