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$350,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
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Motivated Seller!! - Will offer Credit to Buy down Mortgage Rate!! Uncover a remarkable investment opportunity within this very well maintained brick 2-flat, showcasing two spacious apartments, each encompassing 4 bedrooms. Utilized as an Airbnb, this property presents an ideal prospect for those seeking flexible living spaces or potential income generation. Full partially finished basement that adds to its potential. Move into one unit and rent out the other!!! Or perfect for investors looking for a great return on there investment. The residence is conveniently situated near schools and CTA bus routes, ensuring effortless daily commutes. With move-in-ready conditions, seize the chance to transform this property into your new business endeavor or comfortable residence.

Full Property Details for 5514 S Winchester Ave

General

  • Price: $350,000
  • Taxes: $745 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12263009
  • Updated: 1/8/2025
  • Added to Site: 34 day(s) ago

Interior

  • Basement: Full

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 8

Parking

  • Total Spaces: 6
  • Parking Type: Space(s)
  • Parking On-Site: Yes

Location

  • Area: CHI - West Englewood
  • County: Cook
  • Township: South Chicago
  • Driving Directions: 55TH TO WINCHESTER, SOUTH TO PROPERTY

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Year Built: 1912
  • Built Before 1978: Yes
  • Remodeled/Updated: 2017

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 30 x 125

Financial Considerations

  • Assessment Year: 1912
  • Tax Amount: $745
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20182000180000

Listed by Keller Williams Preferred Rlty

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— 5514 S Winchester Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5514 S Winchester Ave

School District:Chicago Public Schools
RatingNameGradesDistance
4
Charles R Henderson Elementary School
5650 S Wolcott Ave, Chicago, IL 60636
PK-80.2 mi
NR
Englewood Stem High School
6835 S Normal Blvd, Chicago, IL 60621
9-122.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5514 S Winchester Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2025
Listed
$350,000
2816.67%
MLS
1/23/2009
Sold
$12,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5514 S Winchester Ave

Year
Property Taxes
Change
Tax Assessment
Change
2022
$687
20%
$9,499
—
2021
$571
-13%
$9,499
4%
2020
$660
-11%
$9,168
-13%
2019
$739
2%
$10,539
—
2018
$725
-49%
$10,539
-21%
2017
$1,409
-47%
$13,341
—
2016
$2,672
9%
$13,341
—
2015
$2,445
9%
$13,341
10%
2014
$2,251
2%
$12,134
—
2013
$2,207
1%
$12,134
—
2012
$2,177
—
$12,134
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5514 S Winchester Ave

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5514 S Winchester Avenue, Chicago, IL 60636 (MLS# 12263009) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 5514 S Winchester Avenue is currently listed for $350,000 and was received on January 02, 2025. Want to learn more about 5514 S Winchester Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

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