Incredible investment opportunity to own an updated, legal 4 flat+finished basement with in-law 1Br/1Ba suite in a prime Andersonville location. Tucked away on tree-lined Winona Avenue just east of Clark Street, this gem has been extensively updated since it was purchased, including upgraded kitchens and bathrooms, masonry repair and tuckpointing, chimney rebuild, waterproofing, installation of central AC, and build out of the basement to include a lavish 1Br/1Ba in law suite. With four units all above grade, this property boasts four separately metered 2Br/1Ba apartments, each with its own furnace and AC, for a total of 8 bedrooms and 4 bathrooms, along with four exterior parking spaces, not counting the in-law suite in the lower level. Fully occupied, the property being a 6.65% cap rate with more room to increase in the future. Incredible location less than 2 blocks from Andersonville's main shopping and nightlife corridor, plus easy access to the CTA Red Line, Uptown, Foster Beach, and Lake Shore Drive.
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For more information about 1310 W Winona, Chicago, IL 60640 contact Corcoran Urban Real Estate.
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