7842 S Winchester Avenue
Chicago, IL 60620

Status: Active Under Contract
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $310,000
Gallery single image view Gallery grid view Street view Map view

About this home

This is the gift that keeps on giving! You do not want to miss this CASH COW!! Come out and take a look at this huge brick 3 flat building that would be the perfect investment! Whether you want to move in and house hack, or sit back and collect passive income, this is a winner! The Auburn Gresham neighborhood has appreciated at a rapid pace over the last few years, and you want to be here! This property can earn you $60, 000 per year with just a little TLC, or $75, 000 if you want to complete the basement! How is that for a game changer? Each floor boasts 3 generously sized bedrooms, eat-in kitchen and hardwood floors. Brand new boiler, roof and gutters (2021), tuckpointing (2015), back porches/stairs (2014), updated electrical panels and 2.5 car garage.

Property details

Property / Lot Details
Acreage 0.09
Lot Dimensions 34.5X126
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1931
Parking Total 2.5
Exterior Building Type Brick
Exterior Property Features Porch, Storms/Screens
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2.5
Parking Garage
Roof Type Flat
MRD Virtual Tour Image360+realtor
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Auburn Gresham
Zoning Type MULTI
Corporate Limits Chicago
Directions 78th street east or west to Winchester S to address
Equipment Intercom, Ceiling Fan(s), Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Steam
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 4
Full Baths in Building Count 4
Total Rooms 21
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator, Fireplace-Artificial, Hardwood Floors
Full Baths Total 1
Lease Expiration Date PROJ
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1300
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator, Fireplace-Artificial, Hardwood Floors
Full Baths Total 1
Lease Expiration Date PROJ
Rooms Total 7
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1300
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator, Fireplace-Artificial, Hardwood Floors
Full Baths Total 1
Lease Expiration Date PROJ
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 3
Square Feet 1300

Financials

Gross Rental Income $60,000
Rental Income 4950
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20304280310000
Special Assessments N
Taxes $4,113
Tax Exemptions None
Tax Year 2022
$310,000 Listing Price:
MLS # 11946156
Investment Profile Residential Income
Listing Market Time 144 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 12/12/2023
Year Built 1931
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...