Closed

$639,000

5039 Winthrop Avenue, Chicago, IL 60640
7 Beds3 Baths6 days
5039 Winthrop Avenue·Chicago, IL 60640
7Bedrooms
3Bathrooms
1890Year Built
About This Home

Perfect investment opportunity for investors/owners who have the vision! With some TLC, this place has a lot of potential to shine and greatly increase in value. This is a two-flat classic greystone building on an oversized Chicago lot 37.5 x 150 feet. Three bedrooms, one bath on the second floor; two bedrooms, one bath on the first floor. Both apartments have separate living rooms and dining rooms. (Right now the living room on the first floor has been used as the third bedroom, but can easily convert it back). The in-law apartment in the basement has two bedrooms and one bathroom. Enclosed porches. Very very low rent due to longtime tenants. There's a two-car garage and five spots of parking space at the back of the building--perfect to earn extra income. The rubber roof is about 7 years old. All double-panel windows. Gas furnace forced-air system. 3 hot water tanks, each 140 gallons. Separate utilities. Fantastic location--convenient and only half a block from Argyle red line station, and a few blocks from Lake Michigan. Walking distance to the school, library, grocery stores, restaurants, Parks and nightlife entertainment (ie Aragon Ballroom, and the Riviera Theater). The building is sold in as-is condition. Neither seller nor agent represents the legality of the basement unit. This property is on ADU area.

MLS# 11832140Listed July 15, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1890
Lot Size37.5X150

Location

CountyCook
TownshipLake
Zip Code60640

Financial

List Price$639,000
Annual Taxes (2021)$12,929
Monthly Tax Est.$1,077
Parcel #14084050060000
Interior Features

Heating

Natural Gas

Basement

FinishedExterior EntryFullWalk-Out Access
Exterior & Lot

Construction

BrickStone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedOwnedGarage
Tax & Financial
Annual Taxes
$12,929
Tax Year 2021
Monthly Tax Est.
$1,077
per month
Property Location

5039 Winthrop Avenue, Chicago, IL 60640Cook County

$639,000
5039 Winthrop Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
2-car garage
37.5X150
$12,929/yr taxes
$4,436
estimated monthly payment
Principal & Interest
$3,358/mo
Property Tax
$1,077/mo
$639,000
20% — $127,800
3%50%
6.875%
3%12%
Loan Amount
$511,200
Down Payment
$127,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 Circle
Agent: Nha Le
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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