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About the Listing 87527 - 1018166,896543
4703 N Winchester Ave presents an exceptional opportunity to acquire an 8-unit multifamily asset in Chicago's highly desirable Ravenswood neighborhood. The classic brick building consists entirely of one-bedroom, one-bathroom units totaling approximately 3,500 square feet, offering strong tenant demand in a transit-oriented, walkable North Side location. The property benefits from stable in-place income with clear upside through continued unit and common area upgrades, allowing investors to capture rent growth 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. Additional income from on-site laundry, separately metered electric, and consistent rental demand make this a compelling opportunity for investors seeking both immediate cash flow and long-term appreciation in one of Chicago's most resilient rental markets.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
12559101
Year Built
1900
Total Square Footage
4,000
Lot/Acreage
0.08
County
Cook
Area
CHI - Lincoln Square
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central Heat/Indiv Controls,Gas,Space Heaters,Individual Furnaces
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 84x44
- Zoning: MULTI
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $18,724
- Taxes w/Assessments: N/A
- Tax/Property ID: 14182010190000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
4703 N Winchester Ave Chicago, IL 60640
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