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Listed by Trisha Koorsof Kale Realty
$649,999
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12522572
Year Built 1892
Annual Tax Amount $9,300
Tax Year 2024
Lot Dimensions 20x7x119x25x124
Property Sub-Type Multi Family 5+
Property Description
1142 S Francisco Ave is a beautifully updated 5-unit Greystone + coach house in one of Chicago's most desirable and fast-appreciating pockets. This fully rented, condo-quality property blends historic Greystone charm with modern finishes and strong rental income from day one. The front Greystone features 3 spacious units, Updates include stainless-steel appliances, modern kitchens, refreshed baths, and clean, timeless interior finishes. The coach house adds 2 additional updated units, creating a rare and highly efficient multi-unit configuration perfect for both seasoned and first-time investors. A full, gutted basement provides exceptional expansion potential-ideal for storage, laundry, or future build-out. Major infrastructure upgrades have already been completed, including a brand-new main sewer line (front to back) and ejector pump installation, reducing future capital expenses. Located directly across from Douglass Park, tenants enjoy immediate access to green space, athletics fields, transit, and rapidly growing neighborhood amenities. Whether you're seeking a stabilized asset with strong cash flow or a long-term hold with upside, 1142 S Francisco delivers turnkey convenience, modern updates, and prime location value.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com