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4948 N Winchester Avenue, Chicago, IL 60640
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$1,499,500
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Home Details for 4948 N Winchester Avenue
Price
$1,499,500
Type
Multi Family
Bedrooms
8
Total Bathrooms
4
Year Build
1898
County
Cook
Total Rooms
15
Garage
3
Basement
Unfinished, Full
Tax
$13,648
MLS®️ Listing#
12478684
On exitrealty.com
103 days
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.
- Parking
- On Site
- Detached
- Garage
- Heating Information
- Natural Gas
- Forced Air
- Basement
- Unfinished
- Full
- Cooling Information
- Ceiling Fan(s)
- Utilities
- Cable Available
Listing Courtesy: Westward360 RM - stephenf@westward360.com
Last Updated: 2025-12-16 13:48:16
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Market statistics compiled from data from Midwest Real Estate Data.
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$1,499,500
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