Address
1901 S Homan Avenue, Chicago, IL
Price
$ 750,000
Property Attributes
  • MLS#11418958
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - North Lawndale
  • NeighborhoodNorth Lawndale
  • Zip60623
  • StyleMulti-Family
  • Year Built1895
  • Taxes$ 4936
  • Price$ 750,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

FULLY RENTED. GREAT MONEY MAKER. 5 UNIT APARTMENT BUILDING. FOUR 2 BEDROOM UNITS AND 1 3 BEDROOM DUPLEX . RENOVATED IN 2009 INCLUDING ROOF, ELECTRIC, PLUMBING, HARDWOOD FLOORS,INDIVIDUAL HVAC, CENTRAL A/C, WINDOWS AND REAR PORCH. 2 PARKING SPACES. TENATS PAYS OWN UTILITIES. STORAGE AND COIN LAUNDRY AREA IN BASEMENT. STEPS FROM OGDEN AVE.- HISTORIC U.S. 66 BUS STOP, WALK TO CENTRAL PARK SUBWAY STATION, AND DOUGLAS PARK. DRIVE BY ONLY. DO NOT DISTURB TENANTS.

Price History
5/30/2022 Listed $649,900

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick, Concrete, Block
Cooling Central Air
County Cook
Current Use Multi-Family
Days on Market 366
Directions OGDEN TO HOMAN SOUTH TO 19TH. CORNER OF 19TH & HOMAN
Electric Circuit Breakers
Electric Expense 840
Fuel Expense 840
Gross Income 65232
Insurance Expense 3600
MLS Area CHI - North Lawndale
Net Operating Income 55380
Operating Expense 15036
Property Type Commercial Sale
Property Type Multi Family 5+
Roof Rubber
Standard Status Active
Status Active
Stories 3
Street Name Homan
Tax Annual Amount 4936
Tax Year 2021
Tenant Pays Air Conditioning, Electricity, Heat, Hot Water
Total Units 5
Township West Chicago
Water Sewer Expense 3600
Year Built 1895
Zoning MULTI

Interior Features

Basement Partially Finished
Street Suffix Avenue

Exterior Features

Exterior Brick
Lot Dimensions 25X125
Lot Size Acres 0.07
Total Parking 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60623

Price
AVG $440K
$750K
Taxes
AVG $4,262
$4,936
Visits
AVG 74
1139
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1895
Walkscore
AVG 73
71
Data Provided by Walkscore® not using MLS data