4948 N Winchester Avenue, Chicago, IL 60640

• 8 beds |
• 4 baths

Property Description

Discover this very well-maintained four-unit building perfectly located in the heart of Ravenswood. This property sits on an extra-wide lot and offers a desirable mix of units - the top floor features a spacious one-bed/one-bath, the raised first and second floors each have two-bed/one-bath layouts, and the garden level boasts a large one-bed/one-bath unit. All units feature gas stoves and dishwashers, with shared laundry conveniently located on-site. The building also includes a three-car brick garage and a fenced backyard, providing added value for tenants and owners alike. Currently fully occupied, this turn-key investment generates solid income with immediate upside potential - rents have not been raised to market rates, leaving room to increase cash flow. Just steps from grocery stores, train stops, gyms, restaurants, and more, this is a rare opportunity to own a profitable, well-kept property in one of Chicago's most sought-after neighborhoods.

Listing Status:

Active

Listing Office:

Westward360 RM : 312-209-2652

Listing Agent:

Stephen Fisher : 312-209-2652

MLS ID:

12478684

Interior

• Basement: UnfinishedFull
• Heating: Natural GasForced AirSep Heating Systems - 2+

Exterior

• Style: Victorian
• Parking: On SiteDetachedGarageParking spaces: 3

Construction

• Roofing: Asphalt
• General: VictorianConcrete Perimeter

Location

• HOA Amenities: CurbsGatedSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI14074160150000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Stephen Fisher, Westward360 RM