Address
4800 S Winchester Avenue, Chicago, IL
Price
$ 899,000
Property Attributes
- MLS#12626727
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - New City
- NeighborhoodNew City
- Zip60609
- StyleMulti-Family
- Year Built1887
- Taxes$ 17978
- Price$ 899,000
- Bedrooms14
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.133402 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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.
| Price History | |
|---|---|
| 6/2/2026 | Listed $899,000 |
General Features
| Zoning | MULTI |
|---|---|
| Construction Materials | Brick |
| Year Built | 1887 |
| Stories Count | 3 |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| Gross Income | 140260 |
| County | Cook |
| Net Operating Income | 64833 |
| Insurance Expense | 10900 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 9000 |
| Status | Active |
| Directions | WESTERN TO 47TH STREET E TO WINCHESTER S TO PROPERTY |
| City | Chicago |
| Number Of Units Total | 10 |
| MLS Area | CHI - New City |
| Lot Size Square Feet | 5811 |
| Tax Annual Amount | 17978 |
| Electric Expense | 1260 |
| Water Sewer Expense | 4038 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Exterior Features
| Lot Dimensions | 50X125 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60609
Price
Taxes
Year Built
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