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$470,000
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12
beds
4
baths

1434 S Homan Avenue

Chicago, Illinois 60623
Closed / MLS #11170894 / Multiple Unit (2-4) / North Lawndale
Listing information updated 10/12/2021 at 3:43pm
HUGE Fully Rehabbed within past few years 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 only one unit is vacant, very easy to rent. 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:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Tar and Gravel
Parking Type:
None
Room Count:
24
Water Front:
No
Square Feet:
N/A
Lot Size:
Oversized Chicago Lot

Taxes & Assessments

Tax Amount:
$4,095
Tax Year:
2019

Location

Zip Code:
60623
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Savvy Properties Inc

Listing Office Phone: 773.710.4376

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/12/2021 at 3:43pm. 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.

CTA

CTA
Blue line at Kedzie-Homan
CTA
Green line at Kedzie
CTA
Pink line at Central Park
$249,261
Average Sale Price
84
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1434 S Homan Avenue, Chicago, IL 60623

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1434 S Homan Avenue is a multiple unit (2-4) which sold for $470,000. 1434 S Homan Avenue features 12 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since July 28th, 2021 and was built in 1901. The nearest transit stops include Kedzie-Homan CTA Blue line.

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