4948 Winchester Avenue, Lincoln Square, Chicago, Illinois 60640
$1,225,000
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For Sale
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| Status: | Price Change |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1898 |
| Property Taxes: | $13,648 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
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| 1898 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12478684 | |
| 14074160150000 |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
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Full Bathrooms: 4
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Bathroom in Basement: —
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Other Specifics
| 3 | |
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| 30X152.5 | |
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| Not in DB | |
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Listing Provided By
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