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    5209 N Winthrop Avenue

    Chicago, IL 60640
    • $699,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 11179180
    UPDATED: 53 min ago
    $699,000
    • 4
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    School District:
    299

    Description

    ATTENTION INVESTORS! Cash Cow's here ! Solid brick two units house with beautiful front and back yard in hot Edgewater. The 1st floor unit duplexed down to finished basement features 4 bedrooms, 2 bathrooms, currently rent to a long time tenant with annual $36,000's rental income! (6 yrs lease still has 5 yrs left!) . The 2nd floor unit features two bedrooms one bathroom, currently owner use one room, and rent out the another one to Airbnb for annual income around $21,000, (the income could be around $40,000 if the both two rooms rented to Airbnb). Potentially total annual income is around $76,000!!! Excellent location, three minutes walk to Redline train, Buses #22,#62,#147 are around corner, 5 mins walk to beach of Michigan Lake, Marriano, starbucks, and tons of restuarants within walking distance. It could also be a great opportunity to live in the top floor unit, while rent out the duplex downstairs for substantial & impressive rental income! Recent rehab in 2013. Many minor updates constantly since than. Updates include: kitchen cabinets, granite countertops, boiler, electrical upgrades, new and resurfaced hardwood floors, silver recoated roof, appliances, and newer windows. Gated buzz-in entry. Building is landlocked, no parking space. Don't miss out this great Cash Cow !!!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-23T23:01:15.743 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    5209 N Winthrop Avenue Chicago, IL 60640

    • Price: $699,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 11179180
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1906
    Built
    Neighborhood:
    Chi - Edgewater
    County:
    Cook
    Area:
    Chi - Edgewater
    School District:
    299
    Property Description
    ATTENTION INVESTORS! Cash Cow's here ! Solid brick two units house with beautiful front and back yard in hot Edgewater. The 1st floor unit duplexed down to finished basement features 4 bedrooms, 2 bathrooms, currently rent to a long time tenant with annual $36,000's rental income! (6 yrs lease still has 5 yrs left!) . The 2nd floor unit features two bedrooms one bathroom, currently owner use one room, and rent out the another one to Airbnb for annual income around $21,000, (the income could be around $40,000 if the both two rooms rented to Airbnb). Potentially total annual income is around $76,000!!! Excellent location, three minutes walk to Redline train, Buses #22,#62,#147 are around corner, 5 mins walk to beach of Michigan Lake, Marriano, starbucks, and tons of restuarants within walking distance. It could also be a great opportunity to live in the top floor unit, while rent out the duplex downstairs for substantial & impressive rental income! Recent rehab in 2013. Many minor updates constantly since than. Updates include: kitchen cabinets, granite countertops, boiler, electrical upgrades, new and resurfaced hardwood floors, silver recoated roof, appliances, and newer windows. Gated buzz-in entry. Building is landlocked, no parking space. Don't miss out this great Cash Cow !!!
    Exterior Features

    Architectural Style Traditional Exterior Building Type Brick Exterior Features DeckPorch Is Parking Included In Price No Lot Features Fenced Yard Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking None Parking Details None Roof Flat Waterfront YN No

    Interior Features

    Basement Partially Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasSteamRadiator(S) Rooms Total 10

    Property Features

    Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features GatedSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 57600 Insurance Expense 950 New Construction YN No Other Additional Income Coin Laundry Other Equipment Ceiling Fan(S) Ownership Fee Simple Rebuilt YN No Rehab Year 2013 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 9236.46 Tax Year 2019 Total Numberof Unitsin Building 2 Total Rental Income 57600 Township North Chicago Type Two To Four Units Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Chicago.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-23T23:01:15.743 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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