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1133 N Winchester Ave 6 Unit Apartment Building $2,829,794 CAD ($471,632 CAD/Unit) 6.87% Cap Rate Chicago, IL 60622

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Investment Highlights

  • Recent full rehab
  • 1 block from Division Ave

Executive Summary

Exceptional turn key property on one of the best blocks in East Village/Wicker park area. Two Beautiful buildings on one site that you will be proud to own. Comprise of six units between two buildings - four units in front and 2 units in rear. The property consists of two 2 bed 2 bath, one 2 bed 1 bath, one 4 bed 2 bath duplexes, one 1 bed 1 bath, and one 1 bed 1 bath with a den. The vintage units received a complete gut renovation in 2022 but still retain their charm. Each apartment features new kitchens, bathrooms, hardwood floors, stainless steel appliances, HVAC, and in-unit laundry. Clean and cared for, thoughtfully managed with plenty upside left for next owner. Landmarked building on Landmarked block - East Village District. Located at just a stones throw to Division St and all the attractions that tenants love.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $260,095 $52.02
Other Income $10,964 $2.19
Vacancy Loss $7,802 $1.56
Effective Gross Income $263,257 $52.65
Taxes $36,912 $7.38
Operating Expenses $31,984 $6.40
Total Expenses $68,895 $13.78
Net Operating Income $194,362 $38.87

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $260,095
Annual Per SF $52.02
Other Income (CAD)
Annual $10,964
Annual Per SF $2.19
Vacancy Loss (CAD)
Annual $7,802
Annual Per SF $1.56
Effective Gross Income (CAD)
Annual $263,257
Annual Per SF $52.65
Taxes (CAD)
Annual $36,912
Annual Per SF $7.38
Operating Expenses (CAD)
Annual $31,984
Annual Per SF $6.40
Total Expenses (CAD)
Annual $68,895
Annual Per SF $13.78
Net Operating Income (CAD)
Annual $194,362
Annual Per SF $38.87

Property Facts

Price $2,829,794 CAD
Price Per Unit $471,632 CAD
Sale Type Investment
Cap Rate 6.87%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,000 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1916/2022
Parking Ratio 1.2/1,000 SF
Zoning RT4 - Multi-family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $2,884 CAD 550 - 700
2+2 2 $3,684 CAD 900
4+2 1 $5,947 CAD 1,400
1+1 1 $2,591 CAD 500
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (77)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
17-06-401-014-0000
Land Assessment
$37,167 CAD
Improvements Assessment
$146,019 CAD
Total Assessment
$183,186 CAD
Annual Taxes
$36,912 CAD ($7.38 CAD/SF)
Tax Year
2025
  • Listing ID: 39689252

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 1133 N Winchester Ave, Chicago, IL 60622

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