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$1,499,500
15 Days On Site

4948 N Winchester Avenue
Chicago, IL 60640

For Sale|Multi Family|Active
8
Beds
4
Total Baths
1898
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Westward360 RM
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(773) 998-2401
4948 N Winchester Avenue4948 N Winchester Avenue4948 N Winchester Avenue4948 N Winchester Avenue
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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.

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Listing Snapshot
Price 
$1,499,500
Days On Site 
15 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1898
MLS® Number 
12478684
Status 
Active
Property Tax 
$13,648
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
3
Parking 
On SiteDetachedGarage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Victorian
Utilities 
Cable Available
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
Cooling 
Ceiling Fan(s)
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Roof 
Asphalt
Community Features
Community Features 
CurbsGatedSidewalksStreet Lights
MLS Area 
CHI - Lincoln Square
School District 
299
Township 
Lake View
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Westward360 RM



Based on information submitted to the MLS GRID as of 2025-10-15 08:11 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-10-15 08:11 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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