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Updated Brick Triplex
New
For Sale
$1,110,000

1657 W Winona Street, Chicago, IL 60640

Three legal units feature renovated kitchens, period details, private HVAC, shared laundry, and a two-car garage.

Property SizeContact for details
Days on Market2

Property Features for 1657 W Winona Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

sunroom
enclosed mudroom
shared yard
common laundry
Natural Gas

Building Details

Year Built 1917
Buildings 1
Construction red brick
Listing Agency: CL3 Property Management
Listed By: Steven Schnur
Source: Kw
Added: Sep 21 Last Checked: Sep 21 at 2:27PM

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 CL3 Property Management

Investment Insights

Based on property information with market context.

This 1917 red-brick triplex contains three legal apartments, including two above-grade residences with two bedrooms and one bathroom each and a garden-level one-bedroom, one-bath unit. The upper apartments offer separate living and dining rooms, front sunrooms, hardwood floors, vintage details, updated kitchens and baths, and individual gas-forced HVAC. The garden apartment was updated in 2022 and includes an open living area, upgraded kitchen, large bedroom, and walk-in closet.

A shared lower-level laundry area, enclosed rear mudrooms, shared yard, and two-car garage support the property’s functionality. All units and parking are fully rented. The property is on a quiet one-way street near public transportation, the lakeshore, and the restaurants, shops, and nightlife of Andersonville and Ravenswood.

Key Highlights

  • Three legal apartments: two 2‑bed/1‑bath units and one 1‑bed/1‑bath garden unit
  • Garden unit fully updated in 2022
  • Two‑car garage with all parking fully rented

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Nursing Home Catering Service Tanning Salon Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,210
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three legal units feature renovated kitchens, period details, private HVAC, shared laundry, and a two-car garage.
Where is this triplex located?
The property is located at 1657 W Winona Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,110,000.
What are key features of this property?
This property features: Three legal apartments: two 2‑bed/1‑bath units and one 1‑bed/1‑bath garden unit; Garden unit fully updated in 2022; Two‑car garage with all parking fully rented
More about this property
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