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Listing provided courtesy of Essex 312, LLCMREDas Distributed by MLSGrid- MLS# 12626727MLS Provider

4800 S Winchester AvenueChicago, IL 60609

Commercial · 14 Beds
$899,000 Active

4800 S Winchester Avenue Overview

Time on Site:
27 days
Visits:
2

This 10-unit multifamily asset, comprised of three buildings on a single oversized parcel, offers stabilized cash flow with recent capital improvements that significantly reduce near-term expenditures. Ownership has completed upgrades to electrical, plumbing, and mechanical systems, along with exterior improvements, positioning the asset as a low-maintenance investment. Units feature renovated interiors with updated kitchens and baths, supporting strong tenant demand and rental stability. Enjoy strong cash flow with very little capex for several years to come.

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4800 S Winchester Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 4500
  • Electric Expense: 1260
  • Fuel Expense: 0
  • Gross Income: 140260
  • Insurance Expense: 10900
  • Maintenance Expense: 9000
  • Net Operating Income: 64833
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 4038

Building Information

  • Year Built: 1887

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City

Tax Information

  • Tax Annual Amount: $17,978.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20072080170000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 50X125
  • Lot Size Square Feet: 5811

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 10

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 4

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 6

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 7

4800 S Winchester Avenue Neighborhood

Community

60609 (Chicago) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4800 S Winchester Avenue Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4800 S Winchester Avenue Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

4800 S Winchester Avenue History

Date Event Value Agent
6/2/2026Source: MRED Added to Database
June 02, 2026