4948 N Winchester Avenue
Chicago, IL, 60640
$1,499,500
8 Beds
4 Baths
0 SqFt
0 Acres
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$1,499,500
4948 N Winchester Avenue
Chicago, IL, 60640
MLS #MRD12478684 image #0MLS #MRD12478684 image #1MLS #MRD12478684 image #2MLS #MRD12478684 image #3MLS #MRD12478684 image #4MLS #MRD12478684 image #5MLS #MRD12478684 image #6MLS #MRD12478684 image #7MLS #MRD12478684 image #8MLS #MRD12478684 image #9MLS #MRD12478684 image #10MLS #MRD12478684 image #11MLS #MRD12478684 image #12MLS #MRD12478684 image #13MLS #MRD12478684 image #14MLS #MRD12478684 image #15MLS #MRD12478684 image #16MLS #MRD12478684 image #17MLS #MRD12478684 image #18MLS #MRD12478684 image #19MLS #MRD12478684 image #20MLS #MRD12478684 image #21MLS #MRD12478684 image #22MLS #MRD12478684 image #23MLS #MRD12478684 image #24MLS #MRD12478684 image #25MLS #MRD12478684 image #26MLS #MRD12478684 image #27MLS #MRD12478684 image #28MLS #MRD12478684 image #29MLS #MRD12478684 image #30MLS #MRD12478684 image #31MLS #MRD12478684 image #32MLS #MRD12478684 image #33MLS #MRD12478684 image #34MLS #MRD12478684 image #35MLS #MRD12478684 image #36MLS #MRD12478684 image #37MLS #MRD12478684 image #38MLS #MRD12478684 image #39MLS #MRD12478684 image #40MLS #MRD12478684 image #41MLS #MRD12478684 image #42MLS #MRD12478684 image #43MLS #MRD12478684 image #44MLS #MRD12478684 image #45MLS #MRD12478684 image #46MLS #MRD12478684 image #47
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.

Property Details

Price:
$1,499,500
MLS #:
MRD12478684
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chilincolnsquare
Listed Date:
Sep 30, 2025
Year Built:
1898
Chi – Lincoln SquareChilincolnsquare

Schools

School District:
299

Interior

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

Exterior

Architectural Style
Victorian
Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Parking Features
On Site, Detached, Garage
Parking Spots
3
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$13,648
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 04, 2025
1,504
Multi Family Listed
79
Avg DOM
$499,612
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    4948 N Winchester Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60640. It is listed for $1,499,500 To schedule a showing of MLS#mrd12478684 at 4948 N Winchester Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4948 N Winchester Avenue
Chicago, IL