702 N Homan Avenue
Chicago, IL 60624

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $375,000
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About this home

Incredible investment opportunity with this classic greystone in up-and-coming East Garfield Park! Close to transportation, this building is an excellent money maker with 2 units with hardwood floors and a finished basement with bedroom and bath. The first floor unit has central AC. Schedule a viewing and explore the possibilities that await in this greystone gem; live in one unit and rent the other, or make it an income property! This one will not last long!

Property details

Property / Lot Details
Acreage 0.06
Lot Dimensions 30X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Greystone
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1903
Parking Total 3
Exterior Building Type Brick,Stone
Parking Features Unassigned, Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2019
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Humboldt Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Homan Ave to property, one block south of Chicago Ave.
Equipment Sump Pump, Multiple Water Heaters
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 4
Security Deposit 1200
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Security Deposit 1300
Tenant Pays Electric, Gas, Heat
Floor Number 1

Financials

Financing FHA
Gross Rental Income $3,500
Rental Income 3500
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16112030350000
Special Assessments N
Taxes $4,730
Tax Exemptions None
Tax Year 2022
$375,000 Listing Price:
MLS # 11960497
Investment Profile Residential Income
Listing Market Time 81 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 01/12/2024
Year Built 1903
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