4322 N Hoyne Avenue, Chicago, IL

$1,295,000

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5

Beds

About 4322 N Hoyne Avenue

Prime Lincoln Square / Ravenswood 4-Flat - with an additional non-conforming basement unit. Beautiful Tree-Lined Street. Surrounded by million-dollar plus homes, this classic 4+flat sits on a picturesque block in one of Chicago's most desirable neighborhoods. Center entrance property with all updated kitchens and baths, hardwood floors and vintage natural trim throughout entire building. Separate gas forced heating units and a flood control system. 4 of the units have a living and dining room plus an extra heated sunroom that can be used as an office or potentially another bedroom. Plenty of square footage to make 2-bedroom units. Owner pays gas and electric for garden unit. Additional income from coin operated laundry and 2 car garage. Rental income as follows: 1N Duplex unit 1 BR 2 Baths $2000. Leased 4/30/27, 1S 5 room 1BR 1 Ba. $2085. Includes 1 space in garage Leased 5/31/27, 2N 5 room 1 BR 1 Ba. $1700. Leased 5/31/27, 2S 5 room 1 BR 1 BA $1900.leased 5/31/27, Garden 3 room 1 BR 1BA $1555. leased 5/31/27 includes space in garage and utilities. Total income $9240 monthly $110800 yearly. Expenses $26071. Net income $84809. 6.5% Cap rate. Any questions, concerns, offer or comments regarding this listing please contact: Norbert Mika Text or email preferred. Do not contact Matthew Mika. See Broker remarks.

Features of 4322 N Hoyne Avenue

MLS® # 12722128
Price $1,295,000
Bedrooms 5
Bathrooms 0.00
Year Built 1917
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 4322 N Hoyne Avenue
Area CHI - North Center
City Chicago
County Cook
State IL
Zip Code 60625

Amenities

Parking Spaces 2
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Sep Heating Systems - 2+
Fireplace No
Has Basement Yes
Basement Partially Finished, Exterior Entry, Full, Walk-Out Access

Exterior

Exterior Brick
Lot Description Corner Lot
Roof Rubber, Flat
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 27
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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