4322 N Hoyne Avenue Chicago, IL 60625
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.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
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Listing Office: Compass
Listing Office Phone: 312-319-1168
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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