1632 S Homan Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1632 S Homan Avenue,Chicago, IL 60623
$599,000
  • 9 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: anna krzemien
Office: re/max 10
MLS#:12746844
Source:MLSNI

Price summary

  • Price:$599,000

About this home

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!

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Home facts

  • Year built:2007
  • Listing ID #:12746844
  • Updated:September 15, 2026 at 11:10 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:18

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:2007
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Tax amount:$7,712 (2025)

Parking

  • Total parking spaces:3
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