Four-Unit Apartment Building with
For Sale
$1,125,000
4948 N Winchester Avenue, Chicago, IL 60640
Gas stoves, dishwashers, shared laundry, a fenced backyard, and garage parking support the apartment configuration.
Property SizeContact for details
Days on Market185
Property Features for 4948 N Winchester Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Ravenswood
Public Transit
Yes
Units
Unit Mix
2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
4
Amenities
shared laundry
fenced backyard
Natural Gas
Forced Air
Sep Heating Systems - 2+
Asphalt
Building Details
Year Built
1898
Buildings
1
Listing Agency:
Westward360 RM
Listed By:
Stephen Fisher
(773) 572-0880
Source:
Kw
Added: Apr 25
Changed: Oct 25
Last Checked: Oct 24 at 9:09PM
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 Westward360 RM
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Investment Insights
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Built in 1898, this four-unit apartment property includes a varied residential layout across multiple levels. The top floor contains a one-bedroom, one-bath apartment; the raised first and second floors each offer two-bedroom, one-bath units; and the garden level provides another one-bedroom, one-bath residence. Gas stoves and dishwashers are installed throughout, with shared laundry available on site.
The property also includes a three-car brick garage, a fenced backyard, natural gas, forced-air heating, and 2+ separate heating systems. Located at 4948 N Winchester Avenue in Chicago’s Ravenswood area, the building is near grocery stores, train stops, gyms, and restaurants. All four units are currently occupied.
The property also includes a three-car brick garage, a fenced backyard, natural gas, forced-air heating, and 2+ separate heating systems. Located at 4948 N Winchester Avenue in Chicago’s Ravenswood area, the building is near grocery stores, train stops, gyms, and restaurants. All four units are currently occupied.
Key Highlights
- Four‑unit apartment property with one‑bedroom and two‑bedroom layouts
- Unit mix includes three one‑bedroom/one‑bath apartments and two‑bedroom/one‑bath units
- Three‑car brick garage and fenced backyard
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,012
Businesses Nearby
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Business Placement
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Gas stoves, dishwashers, shared laundry, a fenced backyard, and garage parking support the apartment configuration.
Where is this quadplex located?
The property is located at 4948 N Winchester Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Four‑unit apartment property with one‑bedroom and two‑bedroom layouts; Unit mix includes three one‑bedroom/one‑bath apartments and two‑bedroom/one‑bath units; Three‑car brick garage and fenced backyard
