$470,000
12
beds
4
baths

1434 S Homan Avenue

Chicago, Illinois 60623
Closed / MLS #11170894 / Multiple Unit (2-4) / North Lawndale
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
Parking Type: None
Roof Type: Tar and Gravel
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:

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