5209 N Winthrop Avenue
Chicago, IL 60640
- 6 beds
- 3 baths
- – sqft
- 2,614 sqft lot
- 1906 build
- – on site
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Investors!!!! This solid brick, two unit building with beautiful front and back yard in hot Edgewater will start cash flowing from day one! The 1st floor unit duplex down has a finished basement featuring 4 bedrooms, 2 bathrooms and is currently rented to a long time tenant with annual $36,000's rental income! (Current tenant wants 6 yrs lease still has 5 yrs left! Currently used as a daycare) . The top floor unit features two bedrooms one bathroom, currently owner use one room, and rents 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, Marianos, Starbucks, and tons of restaurants 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 and many since then including 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 investment.
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Last updated Mar 29, 2024
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MLS# 11306763 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/22
Apr 1, 2022
|
Sold | MRED | $645,000 | -0.8% |
|
2/28/22
Feb 28, 2022
|
Pending | MRED | $650,000 | |
|
1/25/22
Jan 25, 2022
|
Sold Subject To Contingencies | MRED | $650,000 |