3600 S Winchester Avenue, Chicago, IL, 60609

$525,000

8

Beds

About 3600 S Winchester Avenue

Attention investors! Located near I-55 and just one block from McKinley Park, this 3-unit listing is a rare find on a corner lot. The property features two units (1F & 2F) in the main building and a coach house apartment (2R) above a 2-car garage in the rear, all sharing a courtyard. Main building new roof from 2022. Each unit is equipped with its own gas-forced-air furnace. The main building features a new hot water heater installed in 2024. The first-floor unit (1F) offers 2 bedrooms and 1.5 bathrooms and will be vacant by the end of August, providing the new owner with an opportunity to make cosmetic improvements, increase the rental income, or occupy the unit. Laundry hookups are ready. The second-floor unit (2F) features 4 bedrooms and 2 bathrooms and is currently rented for $1,699 per month through July 2027. The tenants have been in the unit since 2024, and the unit was repainted in 2024. The 2-bedroom, 1-bathroom coach house (2R) has been occupied by the same tenants since 2020 and currently rents for $1,100 per month. The 2-car garage is also rented separately for $100 per month. With three units, separate heating systems, a newer roof, and a combination of stable rental income and value-add potential, this property offers an excellent opportunity for both investors and owner-occupants. Please reach out to listing agent for a list of updates and current rental details. Selling as is.

Additional Information: This property is located in the CHI - McKinley Park neighborhood, IL. This 8 bedrooms two to four units property is priced at $525,000.

Facts & Features

MLS® # 12734119
Price $525,000
Bedrooms 8
Bathrooms 0.00
Taxes $10,629
Year Built 1900
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 3600 S Winchester Avenue
Area CHI - McKinley Park
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Parking Spaces 2
Parking Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick
Exterior Features Balcony
Lot Description Corner Lot

School Information

District 299

Additional Information

Days on Market 9
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $10,629

Listing Details

OfficeFulton Grace Realty

Listing Map

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