Bought with Daniel Close of Redfin Corporation
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4 Beds
5 Baths
3,200 SqFt
Key Details
Sold Price -
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
MLS Listing ID 12323163
Sold Date -
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
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
Cooling Central Air
Flooring Hardwood
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 Upper Level, In Unit, Multiple Locations
Exterior
Garage Spaces 2.0
View Y/N true
Building
Story 3 Stories
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Block
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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