2127 N Winchester Avenue, Chicago, IL
  • $1,299,000

Description

Exceptional investment opportunity in Chicago’s Bucktown neighborhood. This fully rented three-unit walkup offers strong income potential and modern finishes throughout, making it an ideal addition to any investor’s portfolio. The property consists of two 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2.5-bathroom duplex owner’s unit. All three apartments feature stone countertops, stainless steel appliances, and the convenience of in-unit laundry. Separate gas and electric utilities for each unit help minimize owner expenses and provide efficient utility management. The building underwent a complete renovation in 2018, including a new roof, offering peace of mind and reduced near-term capital expenditure needs. Updated interiors, modern mechanicals, and contemporary finishes appeal to today’s renters while supporting long-term occupancy and rental stability. Located in one of Chicago’s most sought-after neighborhoods, residents enjoy easy access to Bucktown’s vibrant dining, shopping, nightlife, and transportation options. With a desirable unit mix, strong rental demand, and significant capital improvements already completed, this turnkey asset presents a compelling opportunity for both seasoned and first-time multifamily investors.

  • Listing Courtesy of: Corcoran Urban Real Estate

Details

Updated on June 28, 2026 at 11:59 am
  • Property ID MRD12684082
  • Price $1,299,000
  • Bedrooms 4
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 14312090090000
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status New
  • Co List Agent MLS ID MRD899124
  • Cumulative Days On Market 2
  • Tax Annual Amount 12296.7
  • Heating Natural Gas
  • Directions Armitage to Winchester; north to 2127.
  • Address 2127 N Winchester Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60614
  • Country United States

Overview

Property ID: MRD12684082
  • Multi Family
  • Property Type
  • 4
  • Bedrooms

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