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Bucktown Five-Unit Rehabbed Investment Property
For Sale
$1,649,900

1933 North Winchester Avenue, Chicago, IL 60622

Five-unit, fully rehabbed property in Bucktown with modern finishes.

Days on Market163

Property Features for 1933 North Winchester Avenue

General Information

Standard status Active
Property subtype Multi Family 5+ / Flats

Building Details

Year Built 1920
Listing Agency: @properties Christie's International Real Estate
Listed By: D. Waveland Kendt · License #475128005
Source: Compass
Added: Feb 20 Changed: Jul 10 Last Checked: Jul 24 at 12:32PM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

Located in Bucktown, this five-unit, all-brick building features a combination of location, curb appeal, and rental history. The property includes front and rear 1-bedroom/1-bath units on the first two floors, along with a 2-bedroom/1-bath penthouse. Each unit has been fully renovated with white high-gloss kitchen cabinetry, quartz countertops, stainless steel appliances, and hardwood flooring. In-unit washers and dryers are included. The property has separately metered gas and electric, individual HVAC systems, and dedicated hot water heaters. Some oversized laundry rooms offer bonus space suitable for a home office, additional storage, or a walk-in closet. A common rear deck provides outdoor space for tenants. Two garage parking spots are available. The property is a turn-key investment with a rental history.

Key Highlights

  • Prime Bucktown location
  • Fully rehabbed units with modern finishes like quartz, stainless steel, and hardwood
  • Proven rental track record with strong cash flow potential

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher Clothing & Fashion Store Fish Market (Bike/Boat/Book/etc) Store Nursing Home Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,117
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit, fully rehabbed property in Bucktown with modern finishes.
Where is this apartment building located?
The property is located at 1933 North Winchester Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,649,900.
What are key features of this property?
This property features: Prime Bucktown location; Fully rehabbed units with modern finishes like quartz, stainless steel, and hardwood; Proven rental track record with strong cash flow potential
More about this property
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