2034 W Homer Street
Chicago, IL 60647

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $1,200,000

About this home

Beautiful brick legal 4 flat in the heart of Bucktown. Features a spectacular owners duplex up rehabbed in 2023 with gourmet chefs kitchen, in unit washer and dryer off primary bedroom, beautiful hardwood floors, dual beverage and wine fridges and high end finishes. 25x100 lot with 2 car garage and roof deck in back. Courtyard for other units as well. Fully rented all 4 units. Incredible income property with yearly gross rent at $103, 200 with very little expenses. Top Unit is 2bed 2bath duplex up, Units 1 and 2 are all 2 bed 1 bath and garden unit is 1 bed 1 bath. All are impeccably maintained. Low taxes as well. Tons of updates. Brand new roof, washer and dryer for 3 units. Extremely desirable location and rentals for tenants. Tenants pay for all utilities except water and trash.

Property details

Property / Lot Details
Acreage 0.05
Lot Dimensions 25X100
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat, 4 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1887
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2017
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Logan Square
Zoning Type MULTI
Corporate Limits Chicago
Directions East on Homer from N Hoyne.
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement English
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 5
Full Baths in Building Count 5
Total Rooms 21
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1425
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number G
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1575
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 05/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1650
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Cathedral Ceilings
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
unit 4
Beds Total 2
Baths Total 2
Actual Rent 3950
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 09/24
Rooms Total 8
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 3

Financials

Financing Conventional
Other Expenses 2 600
Gross Rental Income $103,200
Insurance Expense $3,151
Net Oper Income $84,267
Rental Income 103200
Investment Profile Residential Income
Water Expense $1,560

Tax/Assessments/Liens

PIN 14313050290000
Special Assessments N
Taxes $13,621
Tax Year 2022
$1,200,000 Listing Price:
MLS # 11979766
Investment Profile Residential Income
Listing Market Time 45 days
Basement English
Type Unit 4 Flat, 4 Story Unit/s
Number of Units in Building 4
Parking Garage
List Date 02/12/2024
Year Built 1887
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