16530 Winchester Avenue Markham, IL $ 199,000
16530 Winchester Avenue
$ 199,000
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16530 Winchester Avenue

Markham, IL, 60428
$ 199,000
Bedrooms5 Baths2.0 Sq 2,200

Monthly Estimate*

$ 1,225

16530 Winchester Avenue, Markham, IL 60428 - Image 1
16530 Winchester Avenue, Markham, IL 60428 - Image 2
16530 Winchester Avenue, Markham, IL 60428 - Image 3
16530 Winchester Avenue, Markham, IL 60428 - Image 4
16530 Winchester Avenue, Markham, IL 60428 - Image 5
16530 Winchester Avenue, Markham, IL 60428 - Image 6
16530 Winchester Avenue, Markham, IL 60428 - Image 7

Multi-Family Home for sale in Markham, IL

for $199,000 with 5 bedrooms and 2 full baths. This home is 2,200 square feet.

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.

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Multi-Family Active

Price

$ 199,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,177

Style

Town/City

Markham

County/Region

Cook

MLS | Web ID

12674499

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Brick
Township Thornton
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Wood to 165th street- East to Winchester
City Markham
High School District 227
MLS Area Markham
Tax Annual Amount 9177
Standard Status Active
Middle/Junior School District 152
Elementary School District 152
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Other Garage
Water Source Lake Michigan
Total Parking 6
Lot Dimensions 40X120
Waterfront Y/N N
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* Excluded Features
List By
Real Broker, Llc

Broker

landonkalyle@gmail.com

Email

Affordability Calculator

$1,990
Per Month
62%
38%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$765
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564880 Elementary School
565866 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$199,000 Listed Price

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16530 Winchester Avenue, Markham, IL, 60428 is a Multi-Family Home for sale at $199,000 with 2,200 sqft. 16530 Winchester Avenue has 5 bedrooms and 2.0 baths. The property's zip code is 60428 which is in Markham, IL