401 S Homan Avenue Chicago, IL ^$ 175,000

401 S Homan Avenue

^$ 175,000

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401 S Homan Avenue

Chicago, IL, 60624

^$ 175,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 1,222

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Multi-Family Home for sale in Chicago, IL

for $175,000 with 5 bedrooms and 2 full baths. This home was built in 1905.

Unique Investment Opportunity: A charming 2-unit building awaits, showcasing the perfect blend of functionality and potential. Unit 1 boasts a cozy yet spacious layout with 2 bedrooms and 1 bath, offering a comfortable retreat for its lucky occupants. Meanwhile, Unit 2 presents an even more generous space with 3 bedrooms and 1 bath, providing ample room for growth or accommodating larger households. Adding to the allure is an unfinished basement brimming with possibilities - let your imagination run wild as you envision transforming this space into a captivating bonus area. And let's not forget about the large yard - a sanctuary awaiting your personal touch. With endless potential awaiting your creative touch, this property promises incredible returns on investment in both rental income and future development opportunities!

Multi-Family Contingent

Price

^$ 175,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,430

Style

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11946505

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Tenant's Rights

Year Built 1905

Township West Chicago

Tax Year 2021

Percent Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 17

Status Contingent

Directions Head west on W Jackson Blvd toward S Christiana Ave turn left onto S Homan Ave

High School Marshall Metropolitan High Schoo

City Chicago

High School District 299

MLS Area CHI - East Garfield Park

Waterfront Y/N N

Street Name Homan

Elementary School Faraday Elementary School

Tax Annual Amount 3430

Days on Market 16

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Unfinished

Street Suffix Avenue

Total Bedrooms 5

Total Baths 2

Bedrooms Possible 5

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Water Source Lake Michigan

Total Parking 0

Lot Dimensions 3060

Exterior Stone

* Excluded Features

List By

@Properties Christie's International Real Estate

Broker

Leigh@LeighMarcus.com

Affordability Calculator

$1,508

Per Month

Monthly Principal & Interest: $1,222
Monthly Property Taxes: $286
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$644,943

Percent of Sale Price 269%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4517403 Elementary School

566846 Middle School

Marshall Metropolitan High Schoo High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/22/2024	$175,000		Listed Price

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401 S Homan Avenue, Chicago, IL, 60624 is a Multi-Family Home for sale at $175,000. 401 S Homan Avenue has 5 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 60624 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/28/2024.

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401 S Homan Avenue

Multi-Family Home for sale in Chicago, IL

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