$1,575,000
4
beds
5
baths
3,200
square ft

1342 W Webster Avenue
Chicago, Illinois 60614

Contingent / MLS #12323163 / Single Family / Lincoln Park
Listing information updated 3/31/2025 at 3:43pm
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!
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Map of 1342 W Webster Avenue, Chicago, IL 60614

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1342 W Webster Avenue is a single family home currently listed at $1,575,000. 1342 W Webster Avenue features 4 Beds, 5 Baths. This single family home has been listed on @properties Christie's International Real Estate since March 28th, 2025. Nearby schools include Oscar Mayer Elementary School. The nearest transit stops include Fullerton CTA Brown line and Clybourn Metra Metra Union Pacific North line.

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