5917 Winthrop Avenue, Edgewater, Chicago, Illinois 60660
$1,351,713
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $14,203 |
| Days On Market: | 1339 |
| Lot Size: | 0,00 |
Description
Turn key, legal 4 unit in Edgewater perfect for a live-in owner who wants to turn their housing expense into an income producing asset. Large 37.5 x 150 lot with a 3-car garage, zoned RM-5. First floor owner's unit generated $25,354 on Airbnb in 2021 when owners were out of town. It's a 2 bed + office/ 1 bath (1832 sq ft) Second floor unit is rented for $1865/m without parking. It's a 2 bed + office/ 1 bath (1832 sq ft). Third floor unit is rented for $2050/m including one parking spot. It's a 2 bed + office/ 1 bath (1832 sq ft). Garden unit is rented for $1995/m including 1 parking spot. It's a 3 bed/ 2 bath (1622 sq ft). Building has many new updates including: Individual central air/ heat in each unit. In-unit washer dryer. All new windows throughout. Finished back stairway and added a new back room to units 1,2 and 3. Building expenses: Property tax - $14,203 annually. Water bill - $175/m. Building electric - $28/m. Building gas for water heater - $45/m. Property insurance $3089. Convenient location 2 blocks from Whole Foods on one side and 2 blocks from the Lakefront Trail entrance and Kathy Osterman Beach on the other side. 1/2 a block from the Thorndale Redline station, coffee shops, and restaurants. There is nothing left to do but move-in, this building is in great shape and the numbers work well.
Property Specifics
| Multi-unit | |
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| No | |
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| Cook | |
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| 11313040 | |
| 14054010030000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Apr, 2015 | Sold | $650,000 | MRED MLS |
| 18 Jan, 2015 | Under contract | $599,000 | MRED MLS |
| 8 Jan, 2015 | Listed for sale | $599,000 | MRED MLS |
| 15 Mar, 2022 | Sold | $1,351,713 | MRED MLS |
| 1 Feb, 2022 | Under contract | $1,299,000 | MRED MLS |
| 28 Jan, 2022 | Listed for sale | $1,299,000 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| 3 | |
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| 37.5 X 150 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $10,356 |
| 2022 | $14,203 |
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Listing Provided By
Dream Town Realty
