Ken Jungwirth
@properties Christie's International Real Estate
(773) 917-1081
176 Total Sales
1 in Ravenswood
$505,000 Price
4948 N Winchester Ave Chicago, IL 60640
Ravenswood Neighborhood
8
Beds
4
Baths
--
Sq Ft
1898
Built
Highlights
- Gated Community
- 3 Car Detached Garage
- Two Heating Systems
- Victorian Architecture
- Intercom
- Ceiling Fan
About This Home
As of July 2026Discover this very well-maintained four-unit (Legal 3 flat with top floor nonconforming unit) building perfectly located in the heart of Ravenswood. This property sits on an extra-wide lot and offers a desirable mix of units - the top floor features a spacious one-bed/one-bath, the raised first and second floors each have two-bed/one-bath layouts, and the garden level boasts a large one-bed/one-bath unit. All units feature gas stoves and dishwashers, with shared laundry conveniently located on-site. The building also includes a three-car brick garage and a fenced backyard, providing added value for tenants and owners alike. Currently fully occupied, this turn-key investment generates solid income with immediate upside potential - rents have not been raised to market rates, leaving room to increase cash flow. Just steps from grocery stores, train stops, gyms, restaurants, and more, this is a rare opportunity to own a profitable, well-kept property in one of Chicago's most sought-after neighborhoods.
Last Agent to Sell the Property
Westward360 RM Brokerage Email: stephenf@westward360.com License #471023024 Listed on: 09/30/2025
Co-Listed By
Westward360 RM Brokerage Email: stephenf@westward360.com License #475189549
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,648
Year Built
- Built in 1898 | Remodeled in 2018
Lot Details
- Lot Dimensions are 30x152.5
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Parking Available
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Home Security
- Intercom
- Carbon Monoxide Detectors
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
- 4 Units
- Gated Community
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ravenswood, IL
-
Ken Jungwirth
-
Tom Campone
Tom Campone
Keller Williams ONEChicago
(725) 228-7482
192 Total Sales
1 in Ravenswood
$567,500 Price
-
Benny Collesano
Benny Collesano
Better Homes & Gardens Real Estate Connections
(708) 905-4956
151 Total Sales
1 in Ravenswood
$415,000 Price
-
Karen Hood
Karen Hood
Responds Quickly@properties Christie's International Real Estate
(888) 513-4088
58 Total Sales
6 in Ravenswood
$320K - $1.9M Price Range
-
Bridget Fritz
Bridget Fritz
@properties Christie's International Real Estate
(224) 300-7325
71 Total Sales
1 in Ravenswood
$710,000 Price
-
Armando Chacon
Armando Chacon
Responds QuicklyCentury 21 S.G.R., Inc.
(888) 310-0896
96 Total Sales
2 in Ravenswood
$515K - $2.6M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Old Republic National Title In | |
| Quit Claim Deed | -- | Residential Title Services | |
| Deed | $550,000 | M G R Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $160,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Commercial | |
| Closed | $471,200 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Sold | $1,125,000 | -8.2% | -- |
| 06/15/2026 06/15/26 | Pending | -- | -- | -- |
| 06/10/2026 06/10/26 | Price Changed | $1,225,000 | -1.9% | -- |
| 06/01/2026 06/01/26 | Price Changed | $1,249,000 | -3.9% | -- |
| 05/11/2026 05/11/26 | Price Changed | $1,299,995 | -3.3% | -- |
| 04/29/2026 04/29/26 | Price Changed | $1,345,000 | -3.9% | -- |
| 03/10/2026 03/10/26 | Price Changed | $1,399,500 | -6.7% | -- |
| 09/30/2025 09/30/25 | For Sale | $1,499,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,648 | $80,071 | $42,499 | $37,572 |
| 2024 | $13,648 | $80,071 | $42,499 | $37,572 |
| 2023 | $13,283 | $68,000 | $36,720 | $31,280 |
| 2022 | $13,283 | $68,000 | $36,720 | $31,280 |
| 2021 | $13,005 | $68,000 | $36,720 | $31,280 |
| 2020 | $11,524 | $54,832 | $19,278 | $35,554 |
| 2019 | $11,689 | $61,610 | $19,278 | $42,332 |
| 2018 | $11,491 | $61,610 | $19,278 | $42,332 |
| 2017 | $9,998 | $49,817 | $16,524 | $33,293 |
| 2016 | $9,478 | $49,817 | $16,524 | $33,293 |
| 2015 | $8,648 | $49,817 | $16,524 | $33,293 |
| 2014 | $7,915 | $45,227 | $11,934 | $33,293 |
| 2013 | $7,747 | $45,227 | $11,934 | $33,293 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Fisher
Seller's Agent in 2026
Stephen Fisher
Westward360 RM
(312) 209-2652
2 in this area
20 Total Sales
-
Zach Daniels
Seller Co-Listing Agent in 2026
Zach Daniels
Westward360 RM
(262) 909-9191
2 in this area
17 Total Sales
-
Alexandre Stoykov
Buyer's Agent in 2026
Alexandre Stoykov
Compass
(312) 593-3110
4 in this area
1,178 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12478684
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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