List Price: $950K

Listing Status: Active

Original List Price: $1M

Days on Market: 23

4 Bedrooms · 2 Bathrooms · 1,290 sq ft

Property Type: Residential

Year Built: 1953

Lot Size: 8,199 sq ft

Private Pool: Yes

MLS Number: 26667219

About This Property

Welcome to 7020 Oakdale Ave a property designed for how buyers are thinking today. With a fully permitted ADU generating approximately $2,400 per month (per seller, buyer to verify) and a potential $20,000 buyer grant available for qualified buyers, this home offers a rare opportunity to offset your monthly payment and improve overall affordability in a way most homes simply cannot. Solar system to be assumed by buyer, offering energy efficiency and potential long-term savings. Located on a desirable, well-maintained street in Winnetka known for strong pride of ownership, this beautifully upgraded home combines modern design, functionality, and income potential in one compelling package. Homes with permitted ADUs and income opportunities like this continue to see strong demand in today's market. The home features a fully remodeled open-concept floor plan with a modern kitchen and living area designed for both comfort and functionality. The kitchen showcases custom shaker cabinetry, a large center island with quartz countertops and designer backsplash, stainless steel appliances, farmhouse sink, and a gas cooktop with downdraft ventilation. Recessed lighting and ceiling fans enhance the space, while luxury vinyl plank flooring and updated baseboards run throughout most of the home. Both bathrooms have been remodeled with high-end finishes. The primary bathroom includes double sinks, quartz backsplash, designer tile flooring, and a fully tiled shower and tub enclosure. The secondary bathroom has been converted to a full bath and features a tiled shower, modern finishes, and a convenient stacked washer and dryer area. Major system upgrades include copper and ABS plumbing extending to the main sewer line, an upgraded 200-amp electrical panel with two meters, and two tankless water heaters. The home offers three bedrooms plus an additional enclosed bonus space currently configured as a fourth bedroom, providing flexible use for additional sleeping space, office, or studio. Per seller/records, the main home is approximately 1,290 sq ft and the ADU approximately 454 sq ft. These are separate living areas and may not be combined as total living square footage. Buyer to verify all measurements, permits, and use. A key highlight of the property is the permitted JADU (buyer to verify) with its own address at 7018 Oakdale Ave, offering excellent flexibility for rental income, multigenerational living, or a house hack opportunity. The ADU features a private entrance, open layout, separate electrical meter, and is currently generating approximately $2,400 per month (per seller, buyer to verify). The ADU shares water and gas with the main house. The backyard features a large concrete patio and expansive yard with room for a pool or future expansion. The exterior has been freshly painted, adding to its curb appeal. Located near local amenities, shopping, dining, parks, and commuter routes. Nearby schools include Shirley Avenue Elementary, which reflects strong ratings on GreatSchools (buyer to verify).Homes that combine income potential, flexible living, and updated interiors like this are becoming increasingly limited in this price range. Information deemed reliable but not guaranteed. Buyer to independently verify all information including square footage, permits, ADU income, grant qualification, room count, and property features.