4948 N Winchester Avenue, Chicago, IL 60640
4948 N Winchester Avenue, Chicago, IL 60640
4948 N Winchester Avenue, Chicago, IL 60640
48
See all 48 photos
Listed by Stephen Fisherof Westward360 RM
$1,299,995
Est. payment /mo
Save
8 Beds
Price Dropped by $45K

4948 N Winchester Avenue Chicago, IL 60640

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Patrick Clarke

Patrick Clarke

+1(708) 691-4052

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12478684

Style Victorian

Bedrooms 8

Year Built 1898

Annual Tax Amount $13,648

Tax Year 2023

Lot Dimensions 30X152.5

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Community Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.

NEARBY SCHOOLS & PROPERTIES

Go tour this home

4948 N Winchester Avenue

GET MORE INFORMATION

Patrick Clarke
Patrick Clarke

Broker | License ID: 471.007683

+1(708) 691-4052

9755 W. 143rd St., Park, IL., 60462

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Patrick Clarke, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.