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1434 South Homan Avenue, Chicago, IL – $439,000

  • $439k Price
  • 12 Beds
  • 4 Baths
  • $439k Price
  • 12 Beds
  • 4 Baths

1434 South Homan Avenue

HUGE Fully Rehabbed 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 50% occupied with high market rents, 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.

Essential Information

  • MLS® #10557164
  • Price$439,000
  • Bedrooms12
  • Bathrooms4.00
  • Full Baths4
  • Acres0.00
  • Year Built1901
  • TypeResidential
  • Sub-TypeTwo to Four Units
  • StatusContingent

Community Information

  • Address1434 South Homan Avenue
  • AreaCHI - North Lawndale
  • SubdivisionLawndale
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60623



Park/Playground, Curbs/Gutters, Sidewalks, Street Lights, Street Paved, Gated Entry


  • HeatingGas
  • Has BasementYes
  • BasementUnfinished


  • ExteriorBrick
  • Exterior FeaturesDeck
  • Lot DescriptionFenced Yard
  • RoofTar and Gravel
  • FoundationConcrete

Listing Details

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Price Change History for 1434 South Homan Avenue, Chicago, IL (MLS® #10557164)

Date Details Change
Status Changed from Active to Contingent
Status Changed from New to Active

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Listing information last updated on November 17th, 2019 at 5:20pm CST.