Chicago, IL 60640 4948 N Winchester Avenue
$1,499,500



44 more













































Presented By: Westward360 RM
Home Details
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.
Presented By: Westward360 RM
Interior Features for 4948 N Winchester Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Full
Total Number of Units4
General for 4948 N Winchester Avenue
Additional Parcels Y/NNo
Architectural StyleVictorian
CityChicago
Community FeaturesCurbs, Gated, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
CountyCook
DirectionsLAWRENCE & DAMEN EAST TO WINCHESTER
Elementary School District299
Garage Spaces3
HeatingNatural Gas, Forced Air, Sep Heating Systems - 2+
High School District299
MLS AreaCHI - Lincoln Square
Middle/Junior School District299
ModificationTimestamp2025-10-06T05:07:19.102Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13648
Tax Year2023
Total Rooms15
TownshipLake View
Year Built1898
ZoningMULTI
Exterior for 4948 N Winchester Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions30X152.5
Other EquipmentTV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
Parking FeaturesOn Site, Detached, Garage
Total Parking3
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
