1523 S Homan Avenue
Chicago, IL 60623

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $125,900

About this home

Welcome to your next investment opportunity: an exceptional and very unique Greystone 2-flat boasting distinctive character and immense potential. Unit 2 features a spacious layout with 4 bedrooms and 1 bath, while Unit 1 offers: 3 bedrooms and 1 bath, Ready for transformation, it awaits a full gut rehab, promising a blank canvas for your creative vision. rental comps remain robust, ensuring a lucrative return on investment. Don't miss out on this chance to reimagine urban living and unlock the hidden gem within this historic Greystone! Close to the park and all forms of transportation the numbers work.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1905
Parking Total 2
Exterior Building Type Brick/Stone Msn Pred
Garage On-Site Yes
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Corporate Limits Chicago
Directions Douglas south to Homan or Ogden north to asset
Elementary Sch Dist 299
Heat/Fuel Steam, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 2
Full Baths in Building Count 2
Total Rooms 13
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays All,Heat
Floor Number 1
unit 2
Beds Total 4
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 7
Tenant Pays None
Floor Number 2
Property / Lot Details
Lot Dimensions 3125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16232260080000
Special Assessments U
Taxes $380
Tax Year 2022
$125,900 Listing Price:
MLS # 12002986
Investment Profile Residential Income
Listing Market Time 38 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 03/28/2024
Year Built 1905
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