$725,000
5201 N Winthrop Avenue
Chicago, IL, 60640
Absolutely impeccable, turn key 3 unit building ready for a savvy new investor. This owner occupied building was renovated from head to toe with lots of love and attention to detail! Details include: solid core doors with custom trim, exposed brick walls in the living rooms, solid maple kitchens, restored common area woodwork, built out lower level storage per unit, and so much more. Updates include forced air ductwork with individual HVAC units/ controls, updated electric and plumbing for the whole building, windows, and separate washer/ dryers in each unit. 1st floor unit has a large front porch and 2nd floor unit has a large balcony. All hardwood floors throughout. Large communal backyard. Each unit is separately metered. Currently owner occupied with 2 month-to-month leased units rented far below market – current rental comps show a total potential annual gross revenue of $75,600. Easy access to LSD, Foster Ave Beach, Marianos, Broadway shops and restaurants, and the Berwyn Red Line. Slide right into ownership without lifting a finger, this building is ready to go! **Additional photos and floorplans for each unit available on request**
Property Details
Price:
$725,000 / $645,000
MLS #:
MRD11634119
Status:
Closed ((Dec 5, 2022))
Beds:
6
Baths:
3
Address:
5201 N Winthrop Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Sep 20, 2022
State:
IL
ZIP:
60640
Year Built:
1910
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Exterior Features
Porch
Financial
Buyer Agent Compensation
2.5%-$395% of Net Sale Price
Tax Year
2020
Taxes
$8,995
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5201 N Winthrop Avenue
Chicago, IL
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