1632 S Homan AvenueChicago, IL 60623

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

24

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