5039 N Winthrop Ave.

Perfect investment opportunity for investors/owners who have the vision! With some TLC, this place has a lot of potential to shine and greatly increase in value. This is a two-flat classic greystone building on an oversized Chicago lot 37.5 x 150 feet. Three bedrooms, one bath on the second floor; two bedrooms, one bath on the first floor. Both apartments have separate living rooms and dining rooms. (Right now the living room on the first floor has been used as the third bedroom, but can easily convert it back). The in-law apartment in the basement has two bedrooms and one bathroom. Enclosed porches. Very very low rent due to longtime tenants. There's a two-car garage and five spots of parking space at the back of the building--perfect to earn extra income. The rubber roof is about 7 years old. All double-panel windows. Gas furnace forced-air system. 3 hot water tanks, each 140 gallons. Separate utilities. Fantastic location--convenient and only half a block from Argyle red line station, and a few blocks from Lake Michigan. Walking distance to the school, library, grocery stores, restaurants, Parks and nightlife entertainment (ie Aragon Ballroom, and the Riviera Theater). The building is sold in as-is condition. Neither seller nor agent represents the legality of the basement unit. This property is on ADU area.