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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

Amenities

Amenities

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

Interior

  • HeatingGas
  • Has BasementYes
  • BasementUnfinished

Exterior

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

Listing Details

  • Listing Office@properties
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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

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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