Duplex-Down Residential
New
For Sale
$650,000
1252 W Winona Street Unit 1, Chicago, IL 60640
The 2,100-square-foot home pairs two main-level bedrooms with a lower-level family room and private outdoor space.
Property Size2,100 SF
Price / SF$309.52
Days on Market5
Property Features for 1252 W Winona Street Unit 1
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
1
Property subtype
Condo,Condo-Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$9,427
Amenities
gas fireplace
sunroom
deck
laundry room
Building Details
Building Size
2,100 SF
Year Built
1919
Year Renovated
2019
Listing Agency:
Redfin Corporation
Listed By:
Tara Leinenweber
(312) 836-4263
Source:
Dawnmckennagroup
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corporation
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Investment Insights
Based on property information with market context.
This 2,100-square-foot duplex-down residence is in a six-unit building constructed in 1919. The main floor has two bedrooms, including a primary suite with a private bath, plus a separate dining room, sunroom, and office nook. The kitchen was renovated in 2019. A gas fireplace, hardwood floors, and crown molding add detail to the living spaces. The lower level contains a family room, half bath, and laundry room; it was previously arranged as a third bedroom. A large deck and one exterior parking space are included, and the furnace was replaced in 2023.
The home is on W Winona Street in Chicago, with the lakefront, beaches, shopping, and dining along Clark and Argyle nearby. Bus service, the Red Line, and Lake Shore Drive are described as blocks away. The six-unit association is self-managed.
The home is on W Winona Street in Chicago, with the lakefront, beaches, shopping, and dining along Clark and Argyle nearby. Bus service, the Red Line, and Lake Shore Drive are described as blocks away. The six-unit association is self-managed.
Key Highlights
- 2,100‑square‑foot duplex‑down residence in a six‑unit building
- Two bedrooms and 2.5 bathrooms, with a lower‑level family room
- Kitchen renovation completed in 2019; furnace replaced in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,191
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,820
$643.8K
Cap Rate 7%
$459,871
$459.9K
Cap Rate 9%
$357,678
$357.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$61.7K $29.40/SF
− Vacancy
−$3.2K −$1.53/SF
EGI
$58.5K $27.87/SF
− OpEx
−$26.3K −$12.54/SF
NOI
$32.2K $15.33/SF
Area
Chicago, IL
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,820
Cap Rate 7%
$459,871
Cap Rate 9%
$357,678
Alternative Uses
Best Use
Apartment 5plus
$459.9K
$402.4K – $536.5K
NOI $32,191 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$990.1K
$866.4K – $1.16M
NOI $69,310 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,402
Businesses Nearby
Explore this area
Business Placement
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The 2,100-square-foot home pairs two main-level bedrooms with a lower-level family room and private outdoor space.
Where is this residential income property located?
The property is located at 1252 W Winona Street Unit 1 Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,100‑square‑foot duplex‑down residence in a six‑unit building; Two bedrooms and 2.5 bathrooms, with a lower‑level family room; Kitchen renovation completed in 2019; furnace replaced in 2023
