214 N Homan Avenue

Chicago, Illinois 60624

Contingent / MLS #11978544 / Commercial / Mixed Use / East Garfield Park

Listing information updated 4/4/2024 at 4:23pm

Outstanding, turnkey, fully remodeled and fully rented East Garfield Park 6-unit investment property with 9.5% cap rate! Complete gut rehab down to the studs over the past five (5) years including new individual gas forced air furnaces & central air conditioning, new individual water heaters, new tear-off roof in 2017, mew back porches in 2019, 400-amp electrical service with separate in-unit circuit breaker boxes, mew copper plumbing throughout, double pane windows throughout. All apartments have been completely remodeled with modern kitchens with ceramic tile floors, new wood cabinetry and stainless-steel appliances, remodeled bathrooms with ceramic tile floors and shower surround & dark stained hardwood floors throughout living area and bedrooms. Easy street parking. Great location is close to Kedzie CTA Green line station, I-290, Garfield Park ponds, gardens, athletic facilities, and Garfield Park Conservatory. Tenants are responsible for all utilities except water and garbage removal. Coin laundry on site. B3-3 zoning.

Full Features

Built:

1901

Cooling System:

Central Air

Stories:

Zoning:

COMMR

Building Square Feet:

7,087

Current Net Income:

$64,270

Taxes & Assessments

Tax Amount:

$7,842

Tax Year:

2022

Location

Zip Code:

60624

City:

Chicago

County:

Cook

Listing Office: Keller Williams Preferred Realty

Listing Office Phone: 708.798.1111

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214 N Homan Avenue is a commercial / mixed use currently listed at $675,000. This commercial / mixed use has been listed on @properties since February 22nd, 2024 and was built in 1901. The nearest transit stops include Pulaski CTA Blue line and Kedzie Metra Union Pacific West line.