Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12626727
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Request Info4800 S Winchester AvenueChicago, IL 60609
Commercial · 14 Beds$899,000
Active
4800 S Winchester Avenue Overview
- Time on Site:
- 27 days
- Visits:
- 2
This 10-unit multifamily asset, comprised of three buildings on a single oversized parcel, offers stabilized cash flow with recent capital improvements that significantly reduce near-term expenditures. Ownership has completed upgrades to electrical, plumbing, and mechanical systems, along with exterior improvements, positioning the asset as a low-maintenance investment. Units feature renovated interiors with updated kitchens and baths, supporting strong tenant demand and rental stability. Enjoy strong cash flow with very little capex for several years to come.
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4800 S Winchester Avenue Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 4500
- Electric Expense: 1260
- Fuel Expense: 0
- Gross Income: 140260
- Insurance Expense: 10900
- Maintenance Expense: 9000
- Net Operating Income: 64833
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 4038
Building Information
- Year Built: 1887
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - New City
Tax Information
- Tax Annual Amount: $17,978.00
- Tax Year: 2024
General Information
- Parcel Number: 20072080170000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 50X125
- Lot Size Square Feet: 5811
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 10
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 3
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 3
- Baths Total: 1
- Units Total: 4
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 2
- Baths Total: 1
- Units Total: 5
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 2
- Baths Total: 1
- Units Total: 6
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 2
- Baths Total: 1
- Units Total: 7
4800 S Winchester Avenue Neighborhood
Community
60609 (Chicago) Demographics
34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4800 S Winchester Avenue Monthly Cost
4800 S Winchester Avenue Market Data
Based on the last 30 days in this zip code
$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
4800 S Winchester Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: MRED | June 02, 2026 |