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16530 Winchester Avenue , Markham, IL 60428

$199,000
  • 16530 Winchester Avenue , Markham, IL 60428 Main Photo

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New to the Market New
BEDS5 BATHS2 full MLS#12674499
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 227

Property Description

Solid brick 2-flat offering a rare opportunity for both investors and owner-occupants. This well-maintained building features spacious units with large room sizes, hardwood floors, abundant natural light, separate entrances, and classic wood trim that showcases the property's timeless character. The first-floor unit offers 2 bedrooms and 1 bathroom, while the second-floor unit features 3 bedrooms and 1 bathroom. Both units provide generously sized living rooms, eat-in kitchens, and functional layouts ideal for comfortable living. A full basement offers additional storage and utility space. Outside, you'll find an extended driveway leading to a detached 2-car garage with additional upper-level space for storage, workshop use, or future possibilities. The property also benefits from updated windows, a newer furnace, and water heater. One unit is currently vacant and ready for immediate occupancy. The occupied unit is scheduled to be vacant by the end of August, presenting a unique opportunity to set market rents, owner-occupy, or fully reposition the asset. Whether you're looking to build your portfolio, generate rental income, or house hack, this property offers flexibility, strong upside, and long-term value. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Property is being sold as-is.

16530 Winchester Avenue | MLS# 12674499

This multi-family property located at 16530 Winchester Avenue , Markham, IL 60428 is currently listed for sale with an asking price of $199,000. Winchester Avenue is located within the District 227 school district. Search Markham real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 2
Heating: Natural Gas, Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $9,177

Feature Descriptions

Exterior: Brick
Lot Dimensions: 40X120
Parcel#: 29194160350000
Parking: Yes, Garage Owned, Detached, Other, Garage
Sewer: Public Sewer
Total Rooms: 13
Township: Thornton
Water: Lake Michigan

Local Schools

School District: District 227

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 217-960-8605

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,726.71 per month $903.92 Principal & Interest $764.75 Property Tax $58.04 Homeowner's Insurance

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