1142 S Francisco Ave Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $4,207/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,300
Year Built
- Built in 1892
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Additional Features
- 3-Story Property
- Lot Dimensions are 20x7x119x25x124
- Forced Air Heating System
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $420
- Insurance Expense $5,400
- Maintenance Expense $100
- Water Sewer Expense $3,600
- Operating Expense $18,420
- Gross Income $96,300
- Net Operating Income $68,580
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $649,999 | +18.2% | -- | |
| 02/06/2025 02/06/25 | Sold | $550,000 | -8.3% | -- | View Prior Sale |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- | |
| 11/15/2024 11/15/24 | For Sale | $599,900 | +3899.3% | -- | |
| 06/13/2016 06/13/16 | Sold | $15,000 | -53.3% | -- | View Prior Sale |
| 01/24/2016 01/24/16 | Pending | -- | -- | -- | |
| 01/23/2016 01/23/16 | For Sale | $32,100 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12522572
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