4948 N Winchester AVE, Chicago, IL 60640
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4948 N Winchester AVE, Chicago, IL 60640
4948 N Winchester AVE, Chicago, IL 60640
4948 N Winchester AVE, Chicago, IL 60640
4948 N Winchester AVE, Chicago, IL 60640
Laurie Field
Laurie Field

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+1(312) 504-7010

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$ 1,125,000

$ 1,225,000 8.2%

Est. payment /mo
Sold on 07/20/2026

4948 N Winchester AVE Chicago, IL 60640

8 Beds

4 Baths

UPDATED:

Key Details

Sold Price $1,125,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12478684

Sold Date 07/20/26

Style Victorian

Bedrooms 8

Year Built 1898

Annual Tax Amount $13,648

Tax Year 2023

Lot Dimensions 30X152.5

Property Sub-Type Two to Four Units

Property 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.

Location

State IL

County Cook

Area Chi - Lincoln Square

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

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

Equipment TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 3.0

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Stephen Fisher of  Westward360 RM 
Bought with Alexandre Stoykov of Compass

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Laurie Field

Laurie Field

Real Estate Advisor

+1(312) 504-7010

GET MORE INFORMATION

Name
Phone*
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4948 N Winchester AVE