Pleased to present this multi-family real estate opportunity in the Irving Park neighborhood of Chicago. The subject property of 4230 North Francisco Avenue is located 7.5 miles north of Chicago's downtown loop area, 3 miles west of Lake Michigan, 0.5 miles south of the CTA's Francisco Brown Line train station, and 0.2 miles west of Horner Park. The unit mix for the subject property consists of three occupied three-bedroom one-bathroom units that measure 1,500 square feet respectively. The property has many updates consisting of a new Roof in 2022 with 15 year manufacturing and 12 year installation warranties, New Boiler 2014, New Windows Throughout 2020, New Rear Siding 2020, & New Water Heater 2018. The Irving Park neighborhood is bordered by Cicero Ave to the west, Montrose Ave to the north, Addison Street to the south, and the North Branch of the Chicago River to the East. Irving Park is serviced by three Blue Line stops and two Metra line stations, which makes this neighborhood ideal for commuters to O'Hare Airport and to Downtown Chicago. The neighborhood has seen an increase in developments, new restaurant's, and businesses to the area due to the ease of access to public transportation. An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to raise current rents.
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