$1,499,500

4948 N Winchester Avenue, Chicago, IL 60640

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1898
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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
  • Basement: UnfinishedFull
  • Heating: Natural GasForced AirSep Heating Systems - 2+
  • Style: Victorian
  • Parking: On SiteDetachedGarageParking spaces: 3
  • Roofing: Asphalt
  • General: VictorianConcrete Perimeter
  • HOA Amenities: CurbsGatedSidewalksStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI14074160150000
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Stephen Fisher, Westward360 RM

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McPherson Elementary School

4728 N Wolcott Ave, Chicago, IL, 60640

Grades KG-8

0.25 miles away

M

McPherson Elementary School

4728 N Wolcott Ave, Chicago, IL, 60640

Grades KG-8

0.25 miles away

A

Amundsen High School

5110 N Damen Ave, Chicago, IL, 60625

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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