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    3342 N Hoyne Ave Chicago, IL 60618

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    For Sale
    $1,299,900

    Turnkey 5-unit multifamily property in desirable Roscoe Village neighborhood.

    Property Features for 3342 N Hoyne Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1903

    Source: VOLTA INVESTMENTS LLC Agent HAARIS ISHAQ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roscoe Village Multifamily Investment Property

    This updated and stabilized 5-unit multi-family property is located in the Roscoe Village neighborhood. The property consists of two buildings: a 4-story front building containing 3 updated units and an unfinished attic, and a rear 2-story coach house. The coach house includes a 2-bedroom unit on the main floor, an unfinished attic above, and a 1-bedroom garden unit in the basement. All units feature shaker kitchen cabinets, stainless steel appliances, luxury laminate flooring, modern bathrooms, and updated lighting. Capital improvements include new roofs, gutters, new Hardie Board and vinyl siding on both buildings, newer HVAC systems (with two new A/C units), and separate water heaters for each unit. A brand-new coin-operated laundry is located on site. Two units have private balconies. Street parking is available for tenants and guests. The property is located near the shops, dining, and nightlife of Roscoe Street, CTA, and nearby parks. Note that neither broker nor seller represent the legality of the 5th (Coach House Garden) Unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6812216
    Latitude
    41.9426623

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    FAQs

    What type of property is this?
    Apartment building - Turnkey 5-unit multifamily property in desirable Roscoe Village neighborhood.
    Where is this apartment building located?
    The property is located at 3342 N Hoyne Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,299,900.
    What are key features of this property?
    This property features: - Turnkey, fully updated 5-unit multi-family property in Roscoe Village.; - Strong in-place income with future upside potential.; - Major capital improvements completed: new roofs, gutters, siding, newer HVAC systems, and separate water heaters.
    (312) 868-0600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3342 N Hoyne Ave Chicago, IL 60618
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