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$319,000
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Property Description
**Completely Renovated Two-Flat (Available to purchase fully furnished as photographed) - CLOSING TIMELINE APPROX. 2 MONTHS DUE TO VILLAGE REQUIREMENTS. Ideal for Investors or Owner-Occupants!** This beautifully updated two-flat building has been completely gutted and rehabbed from the studs up, offering modern finishes, upgraded systems, and excellent income potential. Whether you're an investor seeking a turn-key rental property or an owner-occupant looking to house-hack, this property presents a fantastic opportunity! Each unit offers two spacious 3-bedroom, 1-bathroom units, each with contemporary updates. Both units offer renovated kitchens featuring dark wood cabinetry, granite countertops, and stainless steel appliances. This building also includes a shared basement area with washer/dryer for tenant use and two additional storage spaces. Ample parking is available for tenants and guests. Come with your ideas to fulfill a variety of investment strategies, including Airbnb or mid-term rentals. Don't miss your chance to see this exceptional property-schedule your showing today!
Full Property Details
Full Property Details for 12842 Winchester Ave
General
- Sold For: $319,000
- Taxes: $7,893 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12415568
- Added to Site: 192 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Security System, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Security Cameras
- Other Features: School Bus Service, Commuter Train
Parking
- Total Spaces: 6
- Parking Features: Off-Street, Driveway, On Site, Owned
- Parking On-Site: Yes
Location
- Area: Blue Island
- County: Cook
- Driving Directions: West on 127 Street, South on Lincoln Street, West on Union Street, North on Winchester to Property
School Information
- School District: 132
- Midd School District: 132
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Partially Finished, Full
- Roof: Asphalt
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 50
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Tax Amount: $7,893.37
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 25312060410000
Listed by Realty of America, LLC
Sold by Realty of America, LLC
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Schools
Schools serving 12842 Winchester Ave
School Districts:Calumet Public School District 132, Community High School District 218
| Name | Grades | Distance |
|---|---|---|
Burr Oak Academy 1441 West 124th Street, Calumet Park, IL 60827 | PK-2 | 0.8 mi |
Calumet Elementary School 1440 West Vermont Street, Calumet Park, IL 60827 | 6-8 | 1.1 mi |
Dd Eisenhower High School (Campus) 12700 Sacramento Avenue, Blue Island, IL 60406 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12842 Winchester Ave
Date
Details
Price
Change
Source
10/16/2025
Sold
$319,000
-8.86%
MLS
7/09/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12842 Winchester Avenue, Blue Island, IL 60406 (MLS# 12415568) is a Multi-Family property that was sold at $319,000 on October 16, 2025. Want to learn more about 12842 Winchester Avenue? Do you have questions about finding other Multi-Family real estate for sale in Blue Island? You can browse all Blue Island real estate or contact a Coldwell Banker agent to request more information.

