2540 W Winnemac Avenue Chicago, IL ^$ 2,800,000

2540 W Winnemac Avenue

^$ 2,800,000

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Recently Listed New Construction

2540 W Winnemac Avenue

Chicago, IL, 60625

^$ 2,800,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 19,339

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Multi-Family Home for sale in Chicago, IL

for $2,800,000 with 5 bedrooms. This home was built in 1924.

Rarely available 7 unit Lincoln Square multi family investment opportunity. Complete gut rehab with upscale & contemporary condo quality finishes. Turn key. 6 simplex units: two bed/two bath & 1 duplex down unit: three bed/three. Each unit has a spacious living room & bright sun room, gourmet chef's kitchen with 42" custom cabinetry, primary suite with dual vanity bath, central air, in unit washer/dryer, recessed lighting, hardwood floors. 8 parking spaces. Long term tenants, below market rents with potential for future growth. Steps to Lincoln Avenue & the heart of Lincoln Square. Quick access to bus & brown line. This neighborhood continues to see high end growth & development with new construction all around & primarily single family home density resulting in limited supply of rental property.

Multi-Family Active

Price

^$ 2,800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 18,958

Style

Multi-Family

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12793131

Features

General

Cooling Central Air

Construction Materials Brick

Year Built 1924

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories Count 3

Tax Year 2025

Current Use Multi-Family

Gross Income 197400

County Cook

Net Operating Income 166097

Operating Expense 31303

Insurance Expense 4047

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Possible Use Condominium Multi-Family

Status New

Directions Winnemac to address on north side of street.

City Chicago

Number Of Units Total 7

MLS Area CHI - Lincoln Square

Tax Annual Amount 18958.47

Electric Expense 1980

Fuel Expense 0

Trash Expense 3475

Water Sewer Expense 3459

Additional Parcels Y/N N

Standard Status Active

Exterior

Lot Dimensions 50 x 156

* Excluded Features

List By

Coldwell Banker Realty

Broker

john.vodopic@cbexchange.com

Affordability Calculator

$20,919

Per Month

Monthly Principal & Interest: $19,339
Monthly Property Taxes: $1,580
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$646,425

Percent of Sale Price 77%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2026	$2,800,000		Listed Price

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2540 W Winnemac Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $2,800,000. 2540 W Winnemac Avenue has 5 bedrooms, 0.0 baths, and was built in 1924. The property's zip code is 60625 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 10/31/2026.

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2540 W Winnemac Avenue

Multi-Family Home for sale in Chicago, IL

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