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4219 N Francisco 4219 N Francisco Ave

3 Unit Block of Flats £822,671 (£274,224/Unit) 6.64% Net Initial Yield Chicago, IL 60618

Investment Highlights

  • Fully renovated building with modern amenities
  • Prime location in the sought-after Horner Park area
  • 100% occupancy with reliable rental income

Executive Summary

Charming Horner Park Investment Opportunity! Located at 4219 N Francisco Ave, this beautiful 3-unit brick building is perfect for investors or owner-occupants and was fully renovated in 2016 down to the studs. The first-floor duplex features 3 bedrooms and 2.5 baths, fully renovated with modern finishes. The second and third-floor units each offer 3 bedrooms and 1 bath, with hardwood floors, quartz countertops, and decorative fireplaces. Each unit has separate HVAC systems and in-unit laundry. The property also includes a 2-car garage and a lovely backyard. Situated in the thriving Horner Park neighborhood, you’ll be steps away from parks, schools, restaurants, and the Francisco Brown Line El station. Don’t miss this turn-key cash flowing investment in a prime location! Units 1&3 are market tenants and unit 2 is CHA voucher tenant.

Data Room Click Here to Access

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £67,870 £15.18
Other Income - -
Vacancy Loss - -
Effective Gross Income £67,870 £15.18
Taxes £9,951 £2.23
Operating Expenses £3,292 £0.74
Total Expenses £13,244 £2.96
Net Operating Income £54,627 £12.22

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £67,870
Annual Per SF £15.18
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £67,870
Annual Per SF £15.18
Taxes
Annual £9,951
Annual Per SF £2.23
Operating Expenses
Annual £3,292
Annual Per SF £0.74
Total Expenses
Annual £13,244
Annual Per SF £2.96
Net Operating Income
Annual £54,627
Annual Per SF £12.22

Property Facts

Price £822,671
Price Per Unit £274,224
Sale Type Investment
Net Initial Yield 6.64%
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Lot Size 0.07 AC
Building Size 4,470 SF
Average Occupancy 100%
Number of Floors 4
Year Built/Renovated 1912/2016

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Stainless Steel Appliances
  • Yard
  • Porch

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+2.5 1 £2,112 -
3+1 2 £1,681 -
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (79)
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
13-13-314-013-0000
Land Assessment
£12,265
Improvements Assessment
£34,731
Total Assessment
£46,997
Annual Taxes
£9,951 (£2.23/sf)
Tax Year
2023

zoning

Zoning Code RS-3 (Residential)
RS-3 (Residential)
  • Listing ID: 33923422

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 4219 N Francisco Ave, Chicago, IL 60618

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