4800 South Winchester Avenue

Located in Chicago’s Back of the Yards neighborhood, the property benefits from a well-established residential setting with convenient access to major transportation corridors, neighborhood retail, and everyday amenities. The surrounding area continues to attract steady renter demand due to its affordability, strong community character, and proximity to key employment hubs throughout the city. The property is also near several neighborhood anchors, including Sherman Park, the historic Stockyards district, and local schools, further supporting long-term tenant appeal. With its central location, accessibility, and ongoing neighborhood investment, Back of the Yards offers investors a compelling balance of stable cash flow and long-term value potential.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.