416 S Homan Avenue
Chicago, IL 60624

Status: Active
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $325,000
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About this home

Fantastic brick 2-flat available for sale for the first time in 30 years! Property has been professional managed for 30 years. No photos of interior as buyer should budget to remodel both units to achieve higher rents. Great opportunity to qualify for Sec 8 tenants and achieve $3, 000+ in total rents. Both tenants are market rate. Roof replaced within the past 10 years

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1911
Parking Total 2
Exterior Building Type Brick
Garage On-Site Yes
Parking Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - East Garfield Park
Corporate Limits Chicago
Directions Just N of intersection of Congress and Homan on left side of street.
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 13
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 750
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Security Deposit N/A
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 850
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 7
Security Deposit NA
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 24X140
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

Rental Income 1600
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16142260170000
Special Assessments N
Taxes $3,373
Tax Year 2022
$325,000 Listing Price:
MLS # 12020743
Investment Profile Residential Income
Listing Market Time 40 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 04/04/2024
Year Built 1911
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