1632 S Homan AvenueChicago, IL 60623
Cook County
Description
Great investment opportunity in Chicago's North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 2007
- Lot size
- 0.07 acres
- Lot dimensions
- 25X125
- Parking spaces
- 3
- Ownership
- Fee Simple
- Zoning
- MULTI
- Days on market
- 17
- MLS® Listing#
- 12746844
Property Features
- Heating
- Natural Gas
- Basement
- None
- Patio
- Porch
- Construction
- Brick · Block
- Roof
- Asphalt
- Community
- Street Lights
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $7,712Tax year 2025
- Parcel number
- 16234030320000
Directions
Ogden to Homan north to property
Listing Courtesy: RE/MAX 10 - 7088571500
Last Updated: 2026-08-31
Chicago Market Statistics
How this home compares to 4,668 active listings in Chicago, IL
| Chicago median | This listing | |
|---|---|---|
| Median listing price | $385,807 | $599,000 |
| Median days on market | 43 | 17 |
| Median Sq Ft | 1,400 | — |
| Median price / Sq Ft | $275 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
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| 1913 S Troy Street, Chicago, IL | $569,900 | 9 | 5 | — |
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| 1504 S Hamlin Avenue, Chicago, IL | $529,900 | 9 | 5 | — |
| 3822 W MAYPOLE Avenue, Chicago, IL | $644,000 | 9 | 4 | — |
