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14 Properties Within 0.5 miles of: 4948 N Winchester, Chicago
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4948 N Winchester
Chicago, IL 60640

  • 8 Beds
  • Built In 1898
Price

$1,499,500

Est Payment
$9,086 / month (details)  
Taxes
$13,648  
Beds
8  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
30X152.5  
Built
1898  
Neighborhood
Ravenswood  
MLS
#12478684
Status
Active (0 days)

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
3 Garage Spaces, On Site, Detached, Garage
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-30-2025 Listed at $1,499,500
Last Modified 9/30/25 10:30 AM

Nearby Transportation

  • Bus 50 0.1 mi
  • Bus 81 0.2 mi
  • Bus 92 0.3 mi
  • Bus 22 0.5 mi
  • Bus 49 0.6 mi
  • Bus 49B 0.6 mi
  • Bus 11 0.6 mi
  • Bus X49 0.6 mi
  • Bus 78 0.7 mi
  • Bus 36 0.9 mi
  • Bus 0.9 mi
  • Bus 146 1.0 mi
  • Bus 93 1.1 mi
  • Bus 151 1.2 mi
  • Bus 84 1.2 mi
  • Union Pacific North 0.3 mi
  • Brown Line 0.4 mi
  • Red Line 1.0 mi
  • Purple Line 1.2 mi
  • ZipCar 0.3 mi
  • I 94 West 2.7 mi
  • I 90 West 2.7 mi
  • I 90 East 2.8 mi
  • I 94 East 2.8 mi
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