1342 W Webster Avenue
Chicago, IL 60614
- 3 beds
- 5 baths
- 3,200 sqft
- 2,832 sqft lot
- $492 per sqft
- – on site
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!
Last checked:
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Last updated Mar 29, 2025
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MLS# 12323163 —
This home is listed in more than one place. See it here.
The Building
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Rebuilt:Yes
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Rebuilt Year:1999
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New Construction:false
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Basement:Full
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Patio And Porch Features:Deck
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:Foyer, Walk In Closet, Deck
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Rooms Total:8
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Interior Features:Skylight(s), Hardwood Floors, Second Floor Laundry
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Fireplaces Total:2
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Fireplace Features:Gas Log
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Fireplace Location:Family Room,Living Room
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Laundry Features:In Unit, Multiple Locations
Room Dimensions
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Living Area:3200
Location
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Directions:Just east of Southport on Webster
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Location:85774
The Property
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Parcel Number:14321100360000
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Property Type:Residential
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Lot Size Dimensions:24X118
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 895-3360
- Office phone:
- (773) 472-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:23888
Beds
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Bedrooms Total:3
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Bedrooms Possible:4
Baths
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Baths:5
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Full Baths:5
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Forced Air, Sep Heating Systems - 2+
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Appliances
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Appliances:Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood
Schools
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Elementary School:Oscar Mayer Elementary School
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Elementary School District:299
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Middle Or Junior School:Oscar Mayer Elementary School
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Middle Or Junior School District:299
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High School District:299
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
Asking price
$1,575,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,433
|
| Taxes | $1,990 |
| Insurance | $433 |
| Utilities | N/A |
| Total | $10,856/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
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Listed / Active | MRED | $1,575,000 |
