5130 N Winchester Ave. #G

Welcome home to a quaint and cozy one bedroom garden unit in the historic Lincoln Square/Ravenswood neighborhood! And, yes - you can rent this unit as well! Walk into a spacious living room area, with 8 foot ceilings and recessed lighting, and capture that natural sunlight exposure in the morning, and watch your unit light up. The living room area is spacious and perfect for relaxing and entertaining! The living room is parallel to the kitchen with its 42" maple cabinets, granite countertops, stainless steel appliances as well as an immediate, in-unit, washer-and-dryer hook up! This unit also features a very spacious bedroom with ample closet space. Additionally, the unit owner only needs to pay for gas and electricity. This unit does not come with a parking space but there is plenty of non-permitted street parking and, oftentimes, you can literally park in front of your building! Close to coffee shops, breweries and many coveted restaurants in the Andersonville, Ravenswood and Lincoln Square neighborhoods. Plus, it only takes about ten minutes to catch the Metra and/or Brown Line, and the Damen bus stop is only a block away! This is a pet friendly building - with even friendlier neighbors! ABOUT THE HOMEOWNERS EXEMPTION: There is no homeowner's exemption on this unit. This property tax bill will be about $669 less once the new buyer occupies and applies for a homeowners exemption, which is very simple to do via a link on the Cook County Assessor's website. Thus, the property tax bill will go from $2,815 per year without a homeowners exemption to approximately $2,146 per year with a homeowners exemption. ABOUT FINANCING THIS UNIT: You can purchase this unit with conventional financing and with only a 3% down payment. Your mortgage payment would be $1,253 per month based on a $135,000 purchase price, a 3% down payment ($4,050) for owner-occupants, a 30-year fixed rate of 6%, a $2,815 per year property tax bill, a $25 per month insurance bill, a $179 per month HOA fee and a $29.25 mortgage insurance premium. Own for less than renting! Show and sell!