6 days on Rocket
$10,000 Closing Credit¹
#12267448, Tadeusz Dolecki, Listing Office: RE/MAX Properties Northwest
$1,150,000 List price
2718 W Winnemac Ave Chicago, IL 60625
$10,000
Closing credit¹
9 beds
3 baths
House
Property details
About 2718 W Winnemac Ave
Impeccably maintained brick 3 unit building with a full in law suite (used as a real in law suite). Building has pro forma rental income of over $100,000 in gross rental income. Low expenses for this building make for an incredible 7 cap return in Lincoln Square. A lot of updates have been done to the building within the last ten years, including updates inside the units, a new porch and deck, boiler, tuck pointing, garage updates, and much more. Roof is about 12 years old. Current rents are below market value with long term tenants in place until July and August of 2025 for units 2 and 3. Owner's suite and in law garden suite will be vacated at the time of sale for an owner occupant. In Building washer and dryer. Building is in a perfect location within walking distance of River Park's athletic fields, tennis courts, dog park, swimming pool and canoe launch. Also within walking distance to all the shops and restaurants of Lincoln Avenue. Very close to the brown line and other public transportation stops. Perfect for an arm chair investor or a live in investor using the increased cap on the new Fannie Mae 2-4-unit for 5% loan program that now for owner-occupied investors has been set at $1,396,800. Rental rates are quoted at pro-forma rental amounts.
Highlights
Home typeResidential
HeatingNatural Gas, Radiant
StatusActive
BasementYes
Year built1921
MLS #12203499
Garage3 spaces
Summary
- MLS Number: 12203499
- MLS Name: MRED
- Office Name: Main Street Real Estate Group
- Office Phone: (773) 799-8042
- Office Email: paulagrace@gmail.com
- Listing Agent: Mo Dadkhah
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Get an agent. Get a mortgage. Save big.¹
$1,150,000
2718 W Winnemac Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $70,342 | $13,764 |
| 2020 | $55,474 | $11,666 |
| 2019 | $62,331 | $11,834 |
| 2018 | $62,331 | $11,633 |
| 2017 | $52,990 | $10,680 |
History based on county public records data.
Nearby schools
4
Hibbard Elementary School
Public District PK-6
0.7 mi
•3244 W Ainslie St
4
Henry Elementary School
Public District PK-6
1.4 mi
•4250 N Saint Louis Ave
3
Haugan Elementary School
Public District PK-6
1.5 mi
•4540 N Hamlin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,758. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
34%
<35k
54%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
10%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Major League Soccer (MLS)- Tennis
Where do the neighbors shop?
Nordstrom Rack
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Jack In The Box
Starbucks
What do the neighbors drive?
Volvo
Toyota
BMW
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2718 W Winnemac Ave
This home is located at 2718 W Winnemac Ave in Chicago, IL and zip code 60625 in the Far North Side neighborhood. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 5, 2024 and is currently priced at $1,150,000.
In February 2025 more than 406 listings in Chicago, IL were sold above the asking price. During the same period more than 232 listings were sold at asking price, while more than 629 were sold below. The inventory of homes for sale in Chicago, IL between January and February 2025 increased by 16.2%. Listings spent 44 days on the market in February 2025, and had a median list price of $369,941 during the same period.
From Rocket Homes Real Estate and based on county public records data.