$649,999

Estimated payment $4,207/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Trisha Koors

Kale Realty License #475215155 Listed on: 11/25/2025

Co-Listing Agent

Stephanie Kachos

Kale Realty License #471021346

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,300

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1892
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Security Lighting

Utilities

  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 20x7x119x25x124
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 68580
  • Insurance Expense: 5400
  • ElectricExpense: 420
  • GrossIncome: 96300
  • Maintenance Expense: 100
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 18420
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 9300
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12522572

Midwest Real Estate Data (MRED)