40
See all 40 photos
$1,575,000
Est. payment /mo
4 Beds
5 Baths
Active Under Contract
1342 W Webster AVE Chicago, IL 60614
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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
Lot Dimensions 24X118
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
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
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
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sharon O'Hara • @properties Christie's International Real Estate