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    938 N Washtenaw Ave Chicago, IL 60622

    For Sale
    $1,100,000

    Residential Income - Chicago, IL

    Days on Market:
    20
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 938 N Washtenaw Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    16014170320000
    Parking
    2
    Patio and Porch features
    Deck
    Exterior features
    Balcony, Roof Deck

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    2007
    Roof type
    Flat
    Architectural style
    Other

    COLDWELL BANKER STRATFORD PLACE (708) 562-4900 [email protected]

    Listing agent Laura Catrambone-Gerace (708) 562-4900 License #471019032

    Listing date Nov 21, 2025

    MLS# 12522222 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Completely Rebuilt Residential Income Property

    This residential income property has been completely rebuilt from the roof to the basement, including the garage. Each unit features two bedrooms, with the primary bedroom having an en-suite bathroom. The units offer a large living space that combines the kitchen, dining, and living areas into one open area. Each unit also includes outdoor space. The top floor unit has a stairway leading to the roof, which offers potential for further development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.69467
    Latitude
    41.8986424

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    FAQs

    What type of property is this?
    Apartment building - Exquisite, fully rebuilt residential income property in Chicago, Illinois.
    Where is this apartment building located?
    The property is located at 938 N Washtenaw Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Completely rebuilt from roof to basement, including the garage.; - Each unit has 2 bedrooms with a primary en suite.; - Large, open-concept living space combining kitchen, dining, and living areas.
    (708) 562-4900
    Request Owner's contact information
    938 N Washtenaw Ave Chicago, IL 60622
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    Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    938 N Washtenaw Ave Chicago, IL 60622
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