20531 Covello Street

Beautifully updated turnkey traditional ranch home in the heart of Winnetka, offering the perfect combination of comfort, flexibility, and income potential. This move-in-ready property features a spacious 3-bedroom, 2-bath main residence along with a permitted detached 1-bedroom, 1-bath ADU, making it ideal for owner-users, multi-generational living, or investors. Step inside to a light-filled interior featuring fresh paint, luxury vinyl wood-look flooring, and expansive windows that flood the home with natural light while overlooking the covered patio and private backyard. The thoughtfully designed floor plan offers comfortable living spaces for everyday enjoyment and entertaining, while the remodeled primary bathroom shower adds a modern touch. The approximately 400-square-foot detached ADU is a standout feature of the property, thoughtfully designed for both privacy and functionality. Featuring its own private entrance, full kitchen, in-unit washer and dryer, dedicated gated parking space, and a charming private front yard, it offers an ideal living experience. Completed in 2020 and currently tenant occupied, the ADU generates immediate rental income while providing exceptional long-term flexibility for extended family, guests, a private home office, or future investment opportunities. Adding even more value, the property features two separate addresses, each with its own Certificate of Occupancy, offering flexibility for a variety of living and investment opportunities.The backyard creates a private retreat with plenty of room for outdoor dining, entertaining, gardening, or simply relaxing under the covered patio. Located in a desirable Winnetka neighborhood close to shopping, dining, parks, schools, and major commuter routes, this exceptional property combines modern upgrades, functional living, and excellent income-producing potential in one remarkable offering.