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Brick 4-Unit Apartment Building
For Sale
$1,300,000

6235 N Francisco Avenue, Chicago, IL 60659

Each residence has in-unit laundry and central air, with a three-car garage serving the property.

Property SizeContact for details
Days on Market25

Property Features for 6235 N Francisco Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Residential Income
Occupancy 100%
Net Operating Income $84,089

Site & Location

Neighborhood West Rogers Park

Units

Unit Mix 3 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 4

Additional Details

Cap Rate 6.5%
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $16,612

Amenities

in-unit laundry
central air

Building Details

Year Built 1931
Buildings 1
Construction brick
Listing Agency: eXp Realty
Listed By: Sarah Ziehr
Source: Crossdavidson
Added: Oct 2 Changed: Oct 23 Last Checked: Oct 23 at 10:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1931, this brick four-unit property has three residences with three bedrooms and two bathrooms, plus a fourth with three bedrooms and one bathroom. The first three units include formal dining rooms, foyers and wide living rooms. Laundry and central air are provided in every unit, and each has its own furnace. Improvements include refreshed kitchens and bathrooms, newer windows, updated electrical systems and a roof layer. A three-car garage is also on site.

The property reports a 6.5% cap rate, and the units are leased on month-to-month terms.

Key Highlights

  • Three units have 3 bedrooms and 2 bathrooms; the fourth has 3 bedrooms and 1 bathroom
  • 6.5 CAP rate
  • Month‑to‑month tenant leases

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,843
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has in-unit laundry and central air, with a three-car garage serving the property.
Where is this quadplex located?
The property is located at 6235 N Francisco Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three units have 3 bedrooms and 2 bathrooms; the fourth has 3 bedrooms and 1 bathroom; 6.5 CAP rate; Month‑to‑month tenant leases
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