4800 South Winchester Avenue, Chicago, IL for sale

Investment Overview

This turnkey multifamily offering presents a rare opportunity to acquire a well-maintained, income-producing asset comprised of three separate buildings situated on an oversized lot under a single PIN. The property consists of 10 units and has benefited from a comprehensive renovation and capital improvement program, creating a highly attractive, low-maintenance investment with immediate cash flow and long-term stability. Ownership has completed extensive upgrades throughout the property, including updated electrical, copper plumbing, and modern mechanical systems, significantly reducing near-term capital expenditure risk. In addition, substantial exterior improvements have already been completed, further enhancing the property’s overall condition and long-term durability. The residential units have been thoughtfully renovated with modern finishes, updated kitchens and baths, and functional layouts that appeal to today’s renters. The property has been carefully maintained and professionally improved, allowing a new owner to step into a stabilized asset with minimal operational friction. This is a true passive investment opportunity with strong in-place income and long-term upside.