Chicago, IL 60614,1342 W Webster AVE
Chicago, IL 60614,1342 W Webster AVE
Chicago, IL 60614,1342 W Webster AVE
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$1,575,000
Est. payment /mo
4 Beds
5 Baths
3,200 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $492

MLS Listing ID 12323163

Bedrooms 4

Full Baths 5

Annual Tax Amount $23,888

Tax Year 2023

Lot Dimensions 24X118

Property Sub-Type Detached Single

Property Description

Lincoln Park multi-unit that is easily converted to a single-family home with minimal modifications or leave as is for nanny/in-law arrangement. Located in the highly sought-after Oscar Mayer School District, this gorgeous and updated property offers incredible versatility by transforming into a 4-bedroom, 5-bathroom single-family home or live comfortably in the spacious owner's unit while generating rental income. Currently configured as a 2-flat, the owners unit spans the top two floors, offering 3 bedrooms and 3 full baths, completely remodeled within the last decade with high-end finishes throughout. The chef's kitchen is a showstopper, featuring custom cabinetry, a walk-in pantry, and top-of-the-line appliances, including a Sub-Zero refrigerator, 6-burner Thermador cooktop, oven, and dishwasher. The oversized island makes it perfect for entertaining. A 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 spa-like en-suite bath featuring an oversized shower, skylight, and dual vanity. A side-by-side laundry room is conveniently located on this level, and a third full bath is on the main floor. The owner currently occupies this space, 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, in place since 2020, is on a month-to-month lease at $2,395/month, well below the estimated market rent of $2,700-$2,800/month. The unit includes in-unit laundry, and the tenant pays their own utilities. Additional Highlights include a heated 2-car garage with Trex rooftop deck, a whole-house generator servicing both units, and three HVAC systems (one per floor) for maximum efficiency. Whether you enjoy the flexibility of rental income or convert it into your dream single-family home, this is a great home in Lincoln Park!

Location

State IL

County Cook

Area Chi - Lincoln Park

Rooms

Basement Full

Interior

Interior Features Skylight(s), Hardwood Floors, Second Floor Laundry

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Gas Log

Fireplace Y

Appliance Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood

Laundry In Unit, Multiple Locations

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Dwelling Type Detached Single

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

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


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Midwest Real Estate Data (MRED) IDX
Listed by Sharon O'Hara • @properties Christie's International Real Estate

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1342 W Webster AVE