Properties

Features
: Central Air
1
: Sewer Connected
Address Map
US
IL
Cook
Chicago
60640
Winnemac
1260
Avenue
W88° 12' 16.2''
N41° 58' 22.2''
North or South on Broadway to Winnemac, West on Winnemac to 1260.
CHI - Uptown
W
MULTI
Additional Information
: Brick , Stone
: Multi-Family
Circuit Breakers
40X136
5
1749900
2
: Municipal Water
Jakubco Development, Inc
Nicholas Jakubco
Financial
16861
Listing Information
Dana Jakubco
1006560
15409
Jakubco Development, Inc
130728
15409
Active
2025-04-17T05:07:12Z
MRED
2025-04-17T05:05:27Z
Property Description

Generational Opportunity to Purchase a South Andersonville Brick and Stone Multi-Family Residential Property with a Move-In Ready Owner’s Three Bedroom 2 Bath Triplex Unit with Four Additional Income Producing Rental Apartments located in the City of Chicago ADU Pilot Program for additional permitted rental unit!!!! Oversized Lot with 2 Car Garage and Additional Carport for easy come and go!!!!! Owner’s Unit contains gas forced air/central air, modern open floorplan with breakfast island, dining room, living room and private deck on the main level. The gourmet kitchen includes oversized Thermador stainless steel refrigerator, range and hood appliances!!! There are 2 Bedrooms on upper level with jacuzzi tub and separate shower and on the lower level there is a large family room, additional bedroom, full bathroom and owner’s laundry room. Included with the sale are four additional apartments consisting of 2 Two Bedroom One Bathroom and 2 One Bedroom One Bathroom apartments with all current leases set to expire for opportunity to increase rental rates!!! The location for this property is 10 out of 10 with walking distance to the Andersonville Shopping and Nightlife Corridor, Argyle Red Line Train Stops, Aragon and Riviera Entertainment Venues and the Lakefront and Foster Beach!!!! Common areas include an expansive basement with Tenant’s Coin Laundry Room and access to mechanicals!!! There is an additional vacant Live/Work space with separate entryway for the Owner…see remarks!!!! A little TLC to the apartments would substantially increase the rent roll for the property benefiting the next owner!!! Operate this property as an Owner Occupied Investment or operate as a full rental asset to obtain substantial income in this very high Tenant demand rental location!!!

Commercial Sale For Sale

1260 W Winnemac Avenue, Chicago, Illinois 60640

$1,649,900
Listing ID#12319081
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12319081
Price : $1,649,900
Year Built : 1900
Listing Status : Active
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