1632 S Homan Avenue, Chicago IL 60623
Property Description
Great investment opportunity in Chicago's North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!
Features & Information
Key Details
- List Price $599,000
- Property Taxes $7,712
- Year Built 2007
- Status New
- List Market Time 2
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $1,700/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M/M
-
Unit 2
- Floor 2
- Rooms 6
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $1,700/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires M/M
-
Unit 3
- Floor 3
- Rooms 6
- Beds 3
- Baths 2
- Appliances Stove, Refrigerator, Washer, Dryer
- Rent $1,750/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 07/27
Exterior Features
-
Parking
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building 16-20 Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property Ogden To Homan North To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 7711.99
- Tax Year 2025
- Tax Exemptions None
- Parcel Identification Number 16234030320000
Listed by Anna Krzemien for RE/MAX 10 | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/8/2026 7:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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