Wicker Park Newer Development

1709 N Winnebago Ave.
  • $949,900
  • $949,900
  • / Unit

Wicker Park Newer Development

1709 N Winnebago Ave. Chicago IL 60647
Yearly Income $84,000
Yearly Expenses $22,649
Current Rents $84,000
Pro Forma Rents $90,000
  • 3
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2650
  • Sq Ft
  • 2016
  • Year Built
  • 0%
  • Occupancy
  • 2
  • Parking
  • 3
  • Stories
  • Forced Air
  • Heating System
  • Central Air
  • Cooling System
  • In Unit, Free
  • Laundry
  • 3
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2650
  • Sq Ft
  • 2016
  • Year Built
  • 0%
  • Occupancy
  • 3
  • Parking
  • 3
  • Stories
  • Forced Air
  • Heating System
  • Forced Air
  • Cooling System
  • In Unit, Free
  • Laundry

About the property

Modern Luxury Townhome living in Bucktown/Wicker Park’s ”The Row”. Developed in 2016, this 3-Bedroom + Den, 3.1-Bath townhouse offers modern style and convenience just steps from The 606. The third-floor primary suite features custom closets and an ensuite bath, and the first-floor den can be converted to a 4th bedroom. This home is equipped with top-of-the-line smart-home technology including, Lutron lighting, MyQ garage automation, SimpliSafe security and Eufy surveillance systems. Soundproof windows and walls limits noise from the CTA. Enjoy incredible city views from the rooftop deck, equipped for grilling and outdoor entertaining. 2-car garage with easy street parking for guests. Located in one of Chicago’s most vibrant neighborhoods near top-tier shopping, dining, and entertainment. Homes on this row rarely become available. Don’t miss out, book your showing today!

About the neighbourhood

  • Wicker Park, located on Chicago's near northwest side, is one of the city's most vibrant and sought-after neighborhoods for real estate investors. Known for its blend of historic charm and modern appeal, Wicker Park is a thriving area with a dynamic mix of residential properties, trendy restaurants, boutique shops, and a flourishing arts scene. The neighborhood's prime location, just minutes from downtown, combined with its excellent public transportation options, makes it attractive for both renters and homeowners.Investors are drawn to Wicker Park for its strong rental demand, particularly among young professionals, creatives, and families seeking an urban lifestyle with a neighborhood feel. The housing stock ranges from vintage greystones and brick walk-ups to newly constructed luxury condos, offering diverse investment opportunities. Property values in Wicker Park have seen steady appreciation, driven by the area's ongoing gentrification and influx of high-end developments.Wicker Park’s unique blend of culture, convenience, and community continues to make it a hotspot for real estate investors looking to capitalize on Chicago's booming market. Whether considering multifamily units, rehab projects, or commercial spaces, Wicker Park offers a promising return on investment for those looking to be part of one of Chicago's most dynamic neighborhoods.

Municipality - Investor Guide

Chicago
Transfer StampsPre Sale InspectionYearly Rental Inspection
Buyer: YCost: $7.50 / $1000Required: NoRequired: Yes
Seller: YCost: $3.00 / $1000Cost: $0Cost: Varies
Notes
All rental buildings with 4 or more units must be registered with the city; Inspection may occur upon notice from Building Department. Call City to confirm if inspection is needed prior to closing.

For a list of all Municipality requirements visit our Municipality Requirements Page

Property Documents

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Property Financials

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Mortgage Calculator

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Utility Table

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Included in the HOA

*This Utility Table does not include snow removal or lawn care costs, if any. For more details on snow/lawn expenses, see the "Expenses" attachment located under the "Property Documents" section.

Property Taxes

2022202120202019
Tax Amount$8,988.03$16,341.88$17,304.83$16,952.95
YOY Tax Change ($)-$7,353.85-$962.95+$351.88+$346.59
YOY Tax Change (%)-45.00%-5.56%+2.08%+2.09%
Current Assessed Value$81,000
Source - Public Record

For more information on assessments, property taxes, and tax appeals visit: Property Taxes

Assessed - Land$8,752
Assessed - Improved$72,248
Source - Public Record

For more information on assessments, property taxes, and tax appeals visit: Property Taxes

Walkscore

Nearby

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Candle Castle & Co (0.11 mi)
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Education
Candle Castle & Co (0.11 mi)
Exceptional 27 reviews
Children's Learning Place (0.16 mi)
Exceptional 19 reviews
Heather McCullough, CPM (0.17 mi)
Exceptional 59 reviews
Food
Silom 12 (0.17 mi)
Good 505 reviews
Bake (0.18 mi)
Exceptional 374 reviews
Crespo Foods (0.2 mi)
Average 5 reviews
Health & Medical
Anne F Locatelli, MD (0.03 mi)
Exceptional 1 reviews
Robert J Connelly, MD (0.04 mi)
Good 51 reviews
Lynn Sage Breast Screening Center Bucktown (0.04 mi)
0 reviews

Contact Information

Melissa Topolewski

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Property Pricing

Based on Citypoint’s communication with the seller, the price point listed is a price that the seller should be willing to transact at. Any terms for, or against, the seller can help/hurt this price level.

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