$1,625,000
$1,725,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
8 Baths
SOLD DATE : 02/10/2023
Key Details
Sold Price $1,625,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11674822
Sold Date 02/10/23
Bedrooms 13
Year Built 2009
Annual Tax Amount $20,574
Tax Year 2020
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Architecturally forward thinking and impeccably designed this excellent Edgewater modern development is a short walk to the lakefront and CTA transit. 5731 N. Winthrop is an absolutely stunning four-flat offering a rare turnkey investment in the popular Edgewater neighborhood. This property has one (1) 4 bed / 2 bath duplex-up penthouse unit with 2,000+ sf of living space and one of the best private roof decks you will find in the city. There are also three (3) jumbo 3 bed / 2 bath apartments with 1,500+ sf of living space and massive 350 sf private outdoor patios. Floor to ceiling windows provide beautiful natural light, open layouts crafted with high-end residents in mind showcase ample dining and living areas with large bedrooms including deep closets. Designer inspired stylish kitchens, stainless steel appliances, modern waxed floors, quartz counter-tops and islands, wine fridges, luxury styled bathrooms and in-unit laundry provide residents with a condo quality apartment. All units are separately metered with central HVAC minimizing owner expenses. 6 tandem parking spaces provide additional income. Aside from the properties being astounding, the neighborhood has everything one would desire and cater to both the local Edgewater population and to the nearby Loyola University student population. This stabilized investment opportunity provides new ownership a solid return for many years to come.
Location
State IL
County Cook
Area Chi - Edgewater
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Dino Sarancic • Fulton Grace Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "