1342 W Webster Avenue, Chicago, IL 60614 (MLS # 12323163)

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PRICE $1,650,000 dsIDX morgage calculator
BEDS 3
BATHS 5
HOME SIZE 3,200 sqft
LOT SIZE n/a

Lincoln Park multi-unit that is easily converted to a single-family home with minimal modifications or leave as is for nanny/in-law arrangement. Located in the highly sought-after Oscar Mayer School District, this gorgeous and updated property offers incredible versatility by transforming into a 4-bedroom, 5-bathroom single-family home or live comfortably in the spacious owner's unit while generating rental income. Currently configured as a 2-flat, the owners unit spans the top two floors, offering 3 bedrooms and 3 full baths, completely remodeled within the last decade with high-end finishes throughout. The chef's kitchen is a showstopper, featuring custom cabinetry, a walk-in pantry, and top-of-the-line appliances, including a Sub-Zero refrigerator, 6-burner Thermador cooktop, oven, and dishwasher. The oversized island makes it perfect for entertaining. A newly installed family room fireplace with a sleek marble surround adds warmth and elegance. Upstairs, you'll find three spacious bedrooms, including a primary suite with a walk-in closet and a spa-like en-suite bath featuring an oversized shower, skylight, and dual vanity. A side-by-side laundry room is conveniently located on this level, and a third full bath is on the main floor. The owner currently occupies this space, but market rent is estimated at $7,000-$8,000/month. The lower-level unit is a completely renovated 1-bed, 2-bath apartment, featuring a new kitchen, bathrooms, flooring, and fireplace. The long-term tenant, in place since 2020, is on a month-to-month lease at $2,395/month, well below the estimated market rent of $2,700-$2,800/month. The unit includes in-unit laundry, and the tenant pays their own utilities. Additional Highlights include a heated 2-car garage with Trex rooftop deck, a whole-house generator servicing both units, and three HVAC systems (one per floor) for maximum efficiency. Whether you enjoy the flexibility of rental income or convert it into your dream single-family home, this is a great home in Lincoln Park!

DAYS ON MARKET 45 LAST UPDATED 5/13/2025
YEAR BUILT 0 COMMUNITY CHI - Lincoln Park
GARAGE SPACES 2.0 COUNTY Cook
STATUS Sold PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Oscar Mayer Elementary School
Jr. High School Oscar Mayer Elementary School


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range Hood, Stainless Steel Appliance(s), Washer
AREA CHI - Lincoln Park
BASEMENT Finished, Full, Yes
CONSTRUCTION Block, Brick
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air, Natural Gas
INTERIOR Entrance Foyer, Walk-In Closet(s)
LOT 0
LOT DIMENSIONS 24X118
PARKING Garage Door Opener, Heated Garage, On Site, Detached, Garage
SEWER Public Sewer
TAXES 23888
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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