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Four-Unit Multifamily Building
New
For Sale
$1,450,000

1053 N WINCHESTER Avenue, Chicago, IL 60622

A renovated apartment property offers two unit layouts, shared rooftop space, basement storage, and a detached garage.

Property SizeContact for details
Days on Market4

Property Features for 1053 N WINCHESTER Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $17,609

Amenities

in-unit laundry
shared rooftop deck
gas grill
basement storage lockers

Building Details

Year Renovated 2017
Buildings 1
Listing Agency: Compass
Listed By: Adam Max · License #471022028
Source: Dawnmckennagroup
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

The four-apartment building was comprehensively renovated in 2017 and contains two one-bedroom, one-bath units and two two-bedroom, two-bath units. Interior features include 11-foot ceilings, hardwood flooring, quartz counters, stainless steel Maytag appliances, dishwashers, in-unit laundry, and glass-tile bathrooms. Each apartment has its own furnace, air conditioning, and electrical panel. Basement lockers provide individual storage, while a furnished common rooftop deck includes a gas grill; a detached two-car garage is also part of the property.

Building work includes replacement windows, copper plumbing, 400-amp electrical service, tuckpointing, and blown-in insulation. The TPO roof is approximately nine years old, and the pitched roof is approximately three to four years old. Three water heaters date to 2017, with the remaining unit replaced in 2025. An unfinished attic is identified as having potential for a duplex or in-law arrangement.

The property is steps from Division Street, with dining, nightlife, and public transportation nearby.

Key Highlights

  • Four apartments: two one‑bedroom/one‑bath units and two two‑bedroom/two‑bath units
  • Comprehensive renovation completed in 2017; interiors include 11‑foot ceilings and in‑unit laundry
  • Furnished shared rooftop deck with gas grill, individual basement lockers, and detached two‑car garage

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

5,074
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A renovated apartment property offers two unit layouts, shared rooftop space, basement storage, and a detached garage.
Where is this quadplex located?
The property is located at 1053 N WINCHESTER Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four apartments: two one‑bedroom/one‑bath units and two two‑bedroom/two‑bath units; Comprehensive renovation completed in 2017; interiors include 11‑foot ceilings and in‑unit laundry; Furnished shared rooftop deck with gas grill, individual basement lockers, and detached two‑car garage
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