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4703 N Winchester Ave Chicago, IL 60640

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For Sale
$1,550,000

8-unit multifamily property in Chicago's desirable Ravenswood neighborhood.

Property Features for 4703 N Winchester Ave

General Information

Standard status
Active

Building Details

Year built
1900

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Listing Contact
Micah Weis
Source: Corcoran

Listing Agency: HORVATH & TREMBLAY IL, LLC Listing Agent: Micah Weis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Ravenswood Multifamily Investment Opportunity

Located in Chicago's Ravenswood neighborhood, 4703 N Winchester Ave is an 8-unit multifamily property. The brick building features one-bedroom, one-bathroom units. The building totals approximately 3,500 square feet. The property benefits from stable in-place income with upside through continued unit and common area upgrades. Additional income is generated from on-site laundry and separately metered electric. The location is transit-oriented and walkable. The property is in a supply-constrained submarket known for its neighborhood character, access to CTA transit, proximity to Lincoln Square, and strong surrounding retail and employment hubs. This property offers investors immediate cash flow and long-term appreciation in one of Chicago's most resilient rental markets.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6773527
Latitude
41.9671197

FAQs

What type of property is this?
Apartment building - 8-unit multifamily property in Chicago's desirable Ravenswood neighborhood.
Where is this apartment building located?
The property is located at 4703 N Winchester Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - 8-unit multifamily building in the desirable Ravenswood neighborhood of Chicago.; - Strong tenant demand in a transit-oriented, walkable North Side location.; - Stable in-place income with upside through unit and common area upgrades.
More about this property
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