1342 W Webster AVE

Chicago,IL 60614

$ 1575000

4 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12323096

Bedrooms 4

Annual Tax Amount $23,888

Tax Year 2023

Property Sub-Type Two to Four Units

Property Description

Gorgeous Lincoln Park Multi-Unit located in the highly sought-after Oscar Mayer School District; this beautifully updated multi-unit building offers a fantastic opportunity for both a live-in owner or investor. The owner's unit is an expansive 3-bed, 3-bath duplex occupying the top two floors, fully remodeled within the last decade with high-end finishes throughout. The chef's kitchen is a standout, featuring custom cabinetry, a walk-in pantry, high-end appliances-including a Sub-Zero refrigerator, 6-burner Thermador cooktop, oven, and dishwasher-and an oversized island, perfect for entertaining. The 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 luxurious en-suite bath featuring an oversized shower, skylight, and dual vanity. A side-by-side laundry room is also on this level for added convenience. A third full bath is located on the main floor. The owner currently occupies this unit, 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 has been in place since 2020 and is currently on a month-to-month lease at $2,395/month, significantly below the estimated market rent of $2,700-$2,800/month. Tenant pays their own utilities, and the unit includes in-unit laundry. Additional Highlights: Heated 2-car garage with a Trex rooftop deck, whole-house generator servicing both units, three HVAC systems (one per floor) for maximum efficiency. Whether you choose to maintain it as an income-generating property while living in the owner's duplex or convert it into a stunning single-family home, this is a rare find in Lincoln Park!

Location

State IL

County Cook

Area Chi - Lincoln Park

Interior

Heating Natural Gas,Forced Air

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Oscar Mayer Elementary School

Middle Schools Oscar Mayer Elementary School

School District 299 ,299, 299

Others

Special Listing Condition List Broker Must Accompany

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