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$899,000

  • For Sale
  • Active
  • Commercial
  • Updated 2 days ago
See This Home
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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.

Full Property Details for 4800 S Winchester Ave

General

  • Price: $899,000
  • HOA FEE: $9,000
  • Taxes: $11,884 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12626727
  • Updated: 6/4/2026
  • Added to Site: 43 day(s) ago

Location

  • Area: CHI - New City
  • County: Cook
  • Driving Directions: WESTERN TO 47TH STREET E TO WINCHESTER S TO PROPERTY

Heating & Cooling

  • Heating Type: Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 3
  • Current Bldg. Use: Multi-Family
  • Year Built: 1887
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 9
  • Units w/Range/Oven: 9
  • # Dryers: 1

Lot Features

  • Lot Size (Sq. Ft.): 5,811
  • Lot Dimensions: 50 x 125
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $9,000
  • Insurance Fee: $10,900
  • Other Fee: $4,500
  • Assessment Year: 1887
  • Tax Amount: $11,884.64
  • Tax Year: 2025
  • Pays Electric: 1260

Disclosures and Reports

  • Property ID: 20072080170000

Listed by Essex 312, LLC

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Listing agents

— 4800 S Winchester Ave —

  • Essex 312, LLC

  • Essex 312, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4800 S Winchester Ave

School District:Chicago Public School District 299
NameGradesDistance
Hedges Elementary School
4747 South Winchester Avenue, Chicago, IL 60609
PK-80.1 mi
Richards Career Academy High School
5009 South Laflin Street, Chicago, IL 60609
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4800 S Winchester Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/27/2026
Listed
$899,000
5.76%
MLS
7/28/2021
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4800 S Winchester Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,657
—
$107,078
241%
2023
$6,657
-2%
$31,380
-4%
2022
$6,775
-1%
$32,751
-4%
2021
$6,837
-31%
$33,998
-23%
2020
$9,945
371%
$44,353
324%
2019
$2,113
-80%
$10,449
-80%
2018
$10,375
25%
$52,182
36%
2017
$8,313
7%
$38,361
—
2016
$7,734
9%
$38,361
—
2015
$7,081
11%
$38,361
13%
2014
$6,369
2%
$34,062
—
2013
$6,245
1%
$34,062
—
2012
$6,162
—
$34,062
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Essex 312, LLC

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4800 S Winchester Avenue, Chicago, IL 60609 (MLS# 12626727) is a Commercial property. 4800 S Winchester Avenue is currently listed for $899,000 and was received on April 27, 2026. Want to learn more about 4800 S Winchester Avenue? Do you have questions about finding other Commercial real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

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