1434 S Homan Avenue

Chicago, Illinois 60623

Ron Knoll

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Property Type
Multiple Unit (2-4)
Community Area
North Lawndale

HUGE Fully Rehabbed 4 unit building located in opportunity zone just off Douglas BLVD. This building features 4 large 3 bedroom units gut rehabbed with high quality finishes including new Mechanical's, Bathrooms, Kitchens (granite counter-tops), Flooring, Doors, Tuck-pointing rear porch, Landscaping, etc. The building also features a massive basement that has already had plumbing and gas service added for an additional 2 units that ARE conforming to city code and zoning. This is an amazing opportunity to acquire a 4 unit with (residential financing) and add 2 additional units later for a huge increase in cashflow. Currently 50% occupied with high market rents, When fully occupied this building produces 10+% CAP!! Great opportunity to live in 1 unit while the other units pay your mortgage and collect a very nice cashflow every month OR rent all 4 and quit your day job while you collect on this cashcow! Conveniently located by Douglass blvd in proximity to downtown, Douglas Park, I-290, CTA pink line, blue line, bus routes restaurants, shopping and more.

Full Features
Exterior Type: Brick
Basement: Unfinished
Beds Above Grade: 12
Heating System: Gas
Pool: No
Age: 100+ Years
Parking Type: None
Parking Spaces: 0
Roof Type: Tar and Gravel
Room Count: 24
Water Front: No
Square Feet: N/A
Tax Amount: $9,167
Tax Year: 2017

Taxes & Assessments
Taxes: $9,167

North Lawndale

Neighborhoods: Douglas Park, Homan Square

North Lawndale is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including…

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School District(s)
City Of Chicago SD 299
Elementary School
Johnson Elementary School
Middle School
Johnson Elementary School
High School
Manley Career Academy High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

CTA Rail

at Central Park (0.57 miles away), Kedzie, Kedzie-Homan

BNSF Railway, Union Pacific West, Milwaukee District West, Milwaukee District North, North Central Service

at S Western Ave Metra (1.33 miles away), Kedzie, Kedzie Metra, Western Ave Metra and others


1434 S Homan Avenue Chicago, Illinois 60623 is a multiple unit (2-4) which sold for $410,000. 1434 S Homan Avenue features 12 bedroom(s) and 4 bath(s). This multiple unit (2-4) has been listed on @properties since October 24th, 2019 and was built in 1901. Nearby schools include Johnson Elementary School, Manley Career Academy High School. The nearest transit stops include Central Park CTA Pink line, BNSF Railway S Western Ave Metra. Want to learn more about 1434 S Homan Avenue Chicago, Illinois 60623? Contact an @properties agent to request more info.