894 Burr Ave.

This is a rare opportunity to own a high-end, multi-unit investment property on a quiet tree-lined street in the heart of the Hubbard Woods subdivision of Winnetka. This extremely well-maintained property is very unique in that it has all the appearance of a stately single-family home, yet there are three units, each with its own distinct address and ground level entrance. The largest unit has 8 rooms including 4 BR/2.2 baths; with living, dining and family rooms and an eat-in kitchen plus large basement room; one 5-room unit with 2 BR/1 bath and den; and one 4-room unit with 2 BR/1 bath. These two units share ample storage in the basement laundry room making it more attractive to tenants. More recent renovations include new kitchens and appliances, painting of the entire exterior of the building (2020), and major masonry and tuckpointing (2020). The new owner can either collect rental income on all three units as an investment property or consider living in the large 8-room unit while using the rental income from the other two units to pay the mortgage. The lease on the 8-room unit expires 7/31/23.