Homes For Sale: USA Illinois Chicago 2645 W Winnemac Avenue
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$720,000 USD

2645 W Winnemac Avenue
Chicago, Illinois 60625
USA
6 bedrooms
Residential For Sale, Multi-Family (2-4 Units)
Sale price per sqm: 0
Tax: 13,163.68 USD
CENTURY 21 S.G.R., Inc.
1823 S. Michigan Ave.
Chicago, Illinois 60616, United States
Phone: 3123262121

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Attention investors and house hackers! This two-unit brick building is move-in ready and perfect for those with vision. With a current 8% gross ROI, it is already a profitable investment. Plus, there is potential to add a third unit in the basement, allowing you to maximize your rental income. Alternatively, you could convert the building into a single-family home, taking advantage of the high property values in this neighborhood, where houses are valued at around $1.5 million. Recent upgrades include kitchen cabinets, new stainless steel appliances, tuckpointing on the front of the building, in-unit washer/dryer, separate water heaters, and a brand-new 10K boiler. The extra-wide lot features an oversized brick detached 2.5-car garage, although it does require some work. However, the size of the garage is grandfathered in, allowing you to have an oversized garage on the property. This property is also eligible for the City of Chicago's ADU Pilot Program, allowing for the addition of more living units. Close to the Brown Line, schools, shopping, and entertainment, this investment opportunity should not be missed!

Location:

2645 W Winnemac Avenue, Chicago, Illinois 60625, USA
Listed By CENTURY 21 S.G.R., Inc.

The Residential For Sale, Multi-Family (2-4 Units) located at 2645 W Winnemac Avenue, Chicago, Illinois 60625, USA is currently for sale. 2645 W Winnemac Avenue, Chicago, Illinois 60625, USA is listed for $720,000 USD. This property has 6 bedrooms. If the property located at 2645 W Winnemac Avenue, Chicago, Illinois 60625, USA isn't what you're looking for, search Illinois Real Estate to see other Homes For Sale in Chicago.

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