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1260 W Winnemac Ave Chicago, IL 60640

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For Sale
Contract
$1,569,000

Five-unit building with potential sixth unit in vibrant Andersonville.

Property Features for 1260 W Winnemac Ave

General Information

Standard status
Contract

Building Details

Year built
1899

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Listing Contact
James Miller
Source: Corcoran

Listing Agency: DIRECT BROKER LLC Listing Agent: James Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Andersonville Investment Opportunity

Located in the South Andersonville/Uptown area, this investment property features a unique design with five units and the potential for a sixth unit or office area. Situated on an oversized 40x138 lot, the property includes three rear parking spaces, a two-car garage, and a carport. The front greystone-style building, renovated 20 years ago, functions as a townhome with three finished levels. It can be used as a live-in unit or rented out for additional income. This front unit features three bedrooms, two full bathrooms, an open first-floor design with maple floors, high ceilings, a fireplace, and a living room that opens to the dining area with access to a side deck. The kitchen is equipped with granite counters, a Thermador range and hood, and stainless steel appliances. A maple-oak staircase leads to the second floor, which includes two large bedrooms, a full bathroom with a Jacuzzi tub, separate shower, double sinks, and a skylight. The second-floor hallway also has a skylight. The lower level offers a spacious family room, a third bedroom, a full bathroom, and private laundry. The front building has central air and an alarm system. The rear building contains four legal rental units: two two-bedroom units and two one-bedroom units. Tenants have access to extra storage on the porch. A new boiler serves the rear building. The potential sixth unit or office area has two outside doors and plumbing but requires finishing. A coin-operated washer and dryer are available for tenants. The property is within walking distance of the Red Line train, transportation, restaurants, and Andersonville, with a bike ride to the lakefront. Tenants are responsible for electric and cooking gas. Renovated rear units could command higher rents.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.662144
Latitude
41.9738944

FAQs

What type of property is this?
Apartment building - Five-unit building with potential sixth unit in vibrant Andersonville.
Where is this apartment building located?
The property is located at 1260 W Winnemac Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: - Unique investment property in South Andersonville/Uptown.; - Oversized 40x138 lot featuring 3 rear parking spaces, a 2-car garage, and a carport.; - Front townhome boasts 3 bedrooms, 2 full baths, an open floor plan, maple floors, high ceilings, a fireplace, a modern kitchen with granite counters and Thermador appliances, and a finished lower level.
More about this property
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