2127 N Winchester Avenue, Chicago, IL 60614

• 4 beds |
• 5 baths

Property Description

Exceptional investment opportunity in Chicago's Bucktown neighborhood. This fully rented three-unit walkup offers strong income potential and modern finishes throughout, making it an ideal addition to any investor's portfolio. The property consists of two 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2.5-bathroom duplex owner's unit. All three apartments feature stone countertops, stainless steel appliances, and the convenience of in-unit laundry. Separate gas and electric utilities for each unit help minimize owner expenses and provide efficient utility management. The building underwent a complete renovation in 2018, including a new roof, offering peace of mind and reduced near-term capital expenditure needs. Updated interiors, modern mechanicals, and contemporary finishes appeal to today's renters while supporting long-term occupancy and rental stability. Located in one of Chicago's most sought-after neighborhoods, residents enjoy easy access to Bucktown's vibrant dining, shopping, nightlife, and transportation options. With a desirable unit mix, strong rental demand, and significant capital improvements already completed, this turnkey asset presents a compelling opportunity for both seasoned and first-time multifamily investors.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 6:18AM

Listing Office:

Corcoran Urban Real Estate : 312-320-0321

Listing Agent:

Erik Schwab : 312-320-0321

MLS ID:

12684082

Interior

• Basement: None
• Heating: Natural Gas

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 14312090090000

Utilities

• Water: Lake MichiganPublic
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple