Active
  • $1,499,500

    4948 N Winchester Ave, Chicago, IL 60640

    7beds
    --sqft
    : 
    Multi Family
    Built in 1898
    -- sqft lot
    $1,453,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fenced backyardExtra-wide lotThree-car brick garageGas stovesShared laundry
    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.
    9 days
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