1241 N HOMAN Avenue Chicago, IL $ 825,000
1241 N HOMAN Avenue
$ 825,000
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1241 N HOMAN Avenue

Chicago, IL, 60651
$ 825,000
Bedrooms10 Baths5.0

Monthly Estimate*

$ 5,080

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Multi-Family Home for sale in Chicago, IL

for $825,000 with 10 bedrooms and 5 full baths. This home was built in 1908.

This stately, legal four-unit building sits on a corner lot just two blocks from Humboldt Park and offers an impressive unit mix. The property features a spacious duplex-down with tall ceilings and a flexible 3-bedroom, 2-bath layout (1S), a 3-bedroom, 1-bath simplex (2S), and two 2-bedroom, 1-bath simplexes, each with private deck space (1N & 2N). All units have separate utilities, central heat and A/C, and individual water heaters located in the basement. The basement level also provides dedicated landlord storage and office space. The building has seen significant improvements, with a detailed list available in the additional documents. Most recently, an extensive masonry project was completed in 2025/2026, including lintel replacement and major tuckpointing throughout. This is a compelling opportunity to acquire an asset with strong in-place cash flow alongside value-add potential and future rental upside.

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Multi-Family Contingent

Price

$ 825,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,889

Style

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12561582

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Zoning MULTI
Construction Materials Brick
Year Built 1908
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 82200
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 21
Status Contingent
Directions East or West on NORTH AVENUE South to HOMAN
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 11889.03
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 10
Total Baths 5
Bedrooms Possible 10
Full Baths Building 5
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 24 X 124
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s)
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* Excluded Features
List By
Redden+Mcdaniel

Broker

chase@reddenmcdaniel.com;team@reddenmcdaniel.com

Email

Affordability Calculator

$6,070
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$991
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$825,000 Listed Price

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1241 N HOMAN Avenue, Chicago, IL, 60651 is a Multi-Family Home for sale at $825,000. 1241 N HOMAN Avenue has 10 bedrooms, 5.0 baths, and was built in 1908. The property's zip code is 60651 which is in Chicago, IL