4948 N Winchester Avenue, Chicago, IL 60640
Local realty services provided by:Results Realty ERA Powered
4948 N Winchester Avenue,Chicago, IL 60640
$1,499,500
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: stephen fisher, zachary daniels
Office: westward360 rm
MLS#:12478684
Source:MLSNI
Price summary
- Price:$1,499,500
About this home
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.
Contact an agent
Home facts
- Year built:1898
- Listing ID #:12478684
- Added:91 day(s) ago
- Updated:December 31, 2025 at 11:49 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Forced Air, Natural Gas, Sep Heating Systems - 2+
Structure and exterior
- Roof:Asphalt
- Year built:1898
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,500
- Tax amount:$13,648 (2023)
New listings near 4948 N Winchester Avenue
$237,700Pending5 beds 3 baths2717 W Lexington Street, Chicago, IL 60612
MLS# 12524424Listed by: REALHOME SERVICES & SOLUTIONS, INC.
$769,000Pending3 beds 3 baths2234 W Grand Avenue #202, Chicago, IL 60612
MLS# 12538480Listed by: PRODAN REALTY INC
$2,000,000Pending2 beds 3 baths2,100 sq. ft.401 N Wabash Avenue #2346, Chicago, IL 60611
MLS# 12528933Listed by: KALE REALTY- New
$174,900Active2 beds 2 baths1,136 sq. ft.9134 S Paxton Avenue, Chicago, IL 60617
MLS# 12538427Listed by: SU FAMILIA REAL ESTATE INC - New
$259,999Active4 beds 3 baths1,600 sq. ft.11353 S Stewart Avenue, Chicago, IL 60628
MLS# 12538441Listed by: KELLER WILLIAMS ONECHICAGO - New
$234,900Active2 beds 1 baths1,118 sq. ft.3029 W 83rd Place, Chicago, IL 60652
MLS# 12538231Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - Open Sun, 10:30am to 12pmNew
$239,999Active1 beds 1 baths900 sq. ft.833 W 15th Place #711, Chicago, IL 60608
MLS# 12538327Listed by: AMERICORP, LTD - New
$75,000Active1 beds 1 baths950 sq. ft.129 N Mason Avenue #105, Chicago, IL 60644
MLS# 12538365Listed by: KELLER WILLIAMS INNOVATE - New
$709,900Active2 beds 2 baths1,744 sq. ft.530 N Lake Shore Drive #1101, Chicago, IL 60611
MLS# 12537907Listed by: JAMESON SOTHEBY'S INTL REALTY - New
$789,000Active3 beds 3 baths2234 W Grand Avenue #302, Chicago, IL 60612
MLS# 12538236Listed by: PRODAN REALTY INC