4322 N Hoyne Ave
Chicago, IL 60625
For more information on this listing, contact us at: (773) 998-2401
Active
$1,295,000
4322 N Hoyne Ave Chicago, IL 60625
Multi Family- 2-4 Units
Property Type
5
Beds
6
Baths
1917
Year Built
Cook
County
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.
MLS #
12722128
Monthly HOA
N/A
On Site
Not Available
Last Updated
9/2/2026
Location
Contact Agent
Property Rocks
(773) 998-2401Property Details
Community Information
Architecture
Bedrooms
5
Bathrooms
6
Year Built
1917
Construction Materials
Brick
Total # Units in Building
4
Age Range
100+ Years
Roof
Rubber, Flat
Foundation
Concrete Perimeter
Basement Type
Partially Finished, Exterior Entry, Full, Walk-Out Access
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Features / Amenities
Rooms
Utility Room-Lower Level
Patio And Porch
Porch
Parking Total
2
Garage Spaces
2
Heat Source / Type
Natural Gas, Sep Heating Systems - 2+
Total Rooms
23
Property Features
Lot Dimensions
Oversized Chicago Lot
Lot Features
Corner Lot
Sewer
Public Sewer
Water
Lake Michigan, Public
Transportation
Commuter Bus, Commuter Train, Interstate Access
Open House Count
0
Fencing
Fenced
Zoning
MULTI
Directions
Montrose to Hoyne, South to Property. Property is on the corner of Hoyne and Pensacola.
Tax and Financial Info
Tax Year
2025
Tax Annual Amount
$15,906
Ownership
Fee Simple
Water / Sewer Expense
$2,221
Fuel Expense
$2,063
Electric Expense
$2,257
Insurance Expense
$3,624
Gross Income
$110,880
Net Income
$83,931
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Listing provided courtesy of Compass.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 18, 2026 7:30 AM CST. 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.
Properties displayed may be listed or sold by various participants in the MLS