Properties

Features
: Forced Air , Natural Gas , Sep Heating Systems - 2+
: Central Air
: Full
: Gas Log
: Deck
2
: Skylight(s) , Hardwood Floors , Second Floor Laundry
: In Unit , Multiple Locations
: Public Sewer
Appliances
: Microwave , Washer , Dryer , Dishwasher , Double Oven , Disposal , Stainless Steel Appliance(s) , Cooktop , High End Refrigerator , Range Hood , Oven
Address Map
US
IL
Cook
Chicago
60614
Webster
1342
Avenue
W88° 20' 15''
N41° 55' 18.7''
Just east of Southport on Webster
CHI - Lincoln Park
CHI - Lincoln Park
W
W
Neighborhood
Oscar Mayer Elementary School
Oscar Mayer Elementary School
299
299
299
Oscar Mayer Elementary School
Additional Information
2
24X118
https://tour.vht.com/434449982/1342-w-webster-ave-chicago-il-60614/idx
: Lake Michigan
@properties Christie's International Real Estate
Sharon O'Hara
Financial
Not Applicable
: None
23888
Listing Information
132291
85774
MRED
: List Broker Must Accompany
Listing Information
Contingent
2025-03-31T20:39:03Z
2025-03-31T20:38:35Z
Property Description

Lincoln Park multi-unit that is easily converted to a single-family home with minimal modifications or leave as is for nanny/in-law arrangement. Located in the highly sought-after Oscar Mayer School District, this gorgeous and updated property offers incredible versatility by transforming into a 4-bedroom, 5-bathroom single-family home or live comfortably in the spacious owner’s unit while generating rental income. Currently configured as a 2-flat, the owners unit spans the top two floors, offering 3 bedrooms and 3 full baths, completely remodeled within the last decade with high-end finishes throughout. The chef’s kitchen is a showstopper, featuring custom cabinetry, a walk-in pantry, and top-of-the-line appliances, including a Sub-Zero refrigerator, 6-burner Thermador cooktop, oven, and dishwasher. The oversized island makes it perfect for entertaining. A newly installed family room fireplace with a sleek marble surround adds warmth and elegance. Upstairs, you’ll find three spacious bedrooms, including a primary suite with a walk-in closet and a spa-like en-suite bath featuring an oversized shower, skylight, and dual vanity. A side-by-side laundry room is conveniently located on this level, and a third full bath is on the main floor. The owner currently occupies this space, but market rent is estimated at $7,000-$8,000/month. The lower-level unit is a completely renovated 1-bed, 2-bath apartment, featuring a new kitchen, bathrooms, flooring, and fireplace. The long-term tenant, in place since 2020, is on a month-to-month lease at $2,395/month, well below the estimated market rent of $2,700-$2,800/month. The unit includes in-unit laundry, and the tenant pays their own utilities. Additional Highlights include a heated 2-car garage with Trex rooftop deck, a whole-house generator servicing both units, and three HVAC systems (one per floor) for maximum efficiency. Whether you enjoy the flexibility of rental income or convert it into your dream single-family home, this is a great home in Lincoln Park!

Residential For Sale

1342 W Webster Avenue, Chicago, Illinois 60614

  • Bedrooms : 3
  • Bathrooms : 5
  • Square Footage: 3,200
$1,575,000
Listing ID#12323163
QR Code
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 12323163
Price : $1,575,000
Bedrooms : 3
Rooms : 8
Bathrooms : 5
Square Footage : 3,200
Full Bathrooms : 5
Listing Status : Active Under Contract
Contact Agent