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4948 N Winchester Avenue, Chicago, IL 60640

$1,299,995
  • 4948 N Winchester Avenue, Chicago, IL 60640 Main Photo

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Active
BEDS8 BATHS4 full MLS#12478684
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Discover this very well-maintained four-unit (Legal 3 flat with top floor nonconforming 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.

4948 N Winchester Avenue | MLS# 12478684

This multi-family property located at 4948 N Winchester Avenue, Chicago, IL 60640 is currently listed for sale with an asking price of $1,299,995. N Winchester Avenue is located within the District 299 school district. Search Chicago real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 3
Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
Home Style: Victorian
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $13,648
Year Built: 1898

Feature Descriptions

Exterior: Brick
Lot Dimensions: 30X152.5
Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
Parcel#: 14074160150000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 15
Township: Lake View
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Westward360 RM
Agency Phone: 773-572-0880

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Estimated Payment

$ 4,409.72 per month $2,893.23 Principal & Interest $1,137.33 Property Tax $379.17 Homeowner's Insurance

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