Search
Bulk Condo Multifamily Opportunity
For Sale
Contact for pricing

7328 N Winchester Ave, Chicago, IL 60626

Ten renovated condominium units in a courtyard-centered building, with individual HVAC, in-unit laundry, and private balconies.

Property SizeContact for details
Days on Market122

Property Features for 7328 N Winchester Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Lisa Callahan
Listed By: Lisa Callahan · License #IL 475.161043
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:46PM

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 Lisa Callahan

Investment Insights

Based on property information with market context.

The property presents a 10-unit bulk condominium opportunity within a larger 20-unit condo building. The subject consists of five two-and-one-half-story brick buildings arranged around a centralized courtyard. All units were completely renovated and converted to condominiums in 2007.

The unit mix includes six smaller 2-bedroom, 2-bath units on the second floor, along with four duplex units featuring 3-bedroom and 2-bedroom configurations with 2.5 baths and family room layouts. Each unit is described as having stainless steel appliances, including microwave and dishwasher, as well as washer and dryer, master baths, individual HVAC, front and rear entrances, and private balconies overlooking the courtyard.

The renovation is noted to have included new electrical, plumbing, HVAC, and roof work for the entire complex. The units are currently rented and generating income.

Key Highlights

  • 10‑unit bulk condominium opportunity in a 20‑unit building (Winchester Park Condos)
  • All units completely renovated and converted to condominiums in 2007
  • Five (5) two‑and‑one‑half‑story brick buildings around a centralized courtyard

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

2,223
Businesses Nearby

Demographics for 60626, IL

50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Ten renovated condominium units in a courtyard-centered building, with individual HVAC, in-unit laundry, and private balconies.
Where is this apartment building located?
The property is located at 7328 N Winchester Ave Chicago, IL.
What are key features of this property?
This property features: 10‑unit bulk condominium opportunity in a 20‑unit building (Winchester Park Condos); All units completely renovated and converted to condominiums in 2007; Five (5) two‑and‑one‑half‑story brick buildings around a centralized courtyard
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message