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$649,999
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Property Description
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.
Full Property Details
Full Property Details for 1142 S Francisco Ave
General
- Price: $649,999
- HOA FEE: $100
- Taxes: $9,300 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12522572
- Updated: 12/1/2025
- Added to Site: 53 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: Roosevelt west to California, East of Sacramento, North to Property
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1892
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 1
Lot Features
- Lot Dimensions: 20 x 7 x 119 x 25 x 124
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $100
- Insurance Fee: $5,400
- Operating Expenses: $18,420
- Assessment Year: 1892
- Tax Amount: $9,300
- Tax Year: 2024
- Pays Electric: 420
Disclosures and Reports
- Property ID: 16133290300000
Listed by Kale Realty
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Schools
Schools serving 1142 S Francisco Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jensen Elementary Scholastic Academy 3030 West Harrison Street, Chicago, IL 60612 | K-8 | 0.5 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1142 S Francisco Ave
Date
Details
Price
Change
Source
11/25/2025
Listed
$649,999
18.18%
MLS
2/05/2025
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1142 S Francisco Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,669
3%
$31,499
—
2022
$6,501
2%
$31,499
—
2021
$6,355
53%
$31,499
70%
2020
$4,152
-2%
$18,578
-12%
2019
$4,256
-4%
$21,112
-6%
2018
$4,446
-21%
$22,434
-14%
2017
$5,621
8%
$26,023
—
2016
$5,212
4%
$26,023
-5%
2015
$5,011
21%
$27,344
22%
2014
$4,153
2%
$22,386
—
2013
$4,071
1%
$22,386
—
2012
$4,017
—
$22,386
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1142 S Francisco Ave
1142 S Francisco Avenue, Chicago, IL 60612 (MLS# 12522572) is a Commercial property. 1142 S Francisco Avenue is currently listed for $649,999 and was received on November 25, 2025. Want to learn more about 1142 S Francisco Avenue? Do you have questions about finding other Commercial real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

