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Renovated Multifamily Property
New
For Sale
$399,500

5445 S WINCHESTER Avenue, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market3

Property Features for 5445 S WINCHESTER Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking 2
Parking features Driveway
Basement Walk-Out Access, Full
Lot features Corner Lot
Elementary school district 299
Middle school district 299
High school district 299
Directions ake I-90/I-94 to 55th St. Exit. Head west on 55th St., then south on Winchester Ave. Property is located on the west side of the street.
Subdivision CHI - New City
Standard status Active
APN 20074250180000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1567

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas

Amenities

hard-wired security cameras

Building Details

Year built 1918
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Illinois Discount Realty
Listed By: Vanessa Carlson · License #471016540
Added: Sep 20 Changed: Sep 21 Last Checked: Sep 22 at 2:06AM
MLS# 12764451

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in Chicago carries MULTI zoning and has undergone a comprehensive gut renovation. Improvements include new electrical and plumbing systems, individual HVAC equipment for each unit, new appliances, windows, roofing, siding, and fencing. Hard-wired security cameras are also installed. The building retains its original 1918 construction date while incorporating extensive updates across the interior, mechanical systems, and exterior.

The property includes a driveway, vinyl siding, an asphalt roof, and connection to public sewer. Interior areas identified in the property information include a basement, four bedrooms, and two bathrooms, providing a defined residential configuration for continued multifamily use.

Key Highlights

  • Comprehensive gut renovation with extensive interior, mechanical, and exterior updates
  • Individual new HVAC systems installed for each unit
  • New electrical, plumbing, appliances, windows, roof, siding, and fence

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Pharmacy

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

693
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Updated mechanical systems, individual HVAC, and exterior improvements create a move-in-ready residential asset.
Where is this multifamily property located?
The property is located at 5445 S WINCHESTER Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: Comprehensive gut renovation with extensive interior, mechanical, and exterior updates; Individual new HVAC systems installed for each unit; New electrical, plumbing, appliances, windows, roof, siding, and fence
More about this property
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