1554 S Homan AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60623
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Lawndale
MLS Listing ID 12473099
Bedrooms 9
Year Built 2011
Annual Tax Amount $8,045
Tax Year 2023
Lot Dimensions 25 x 125
Property Sub-Type Two to Four Units
Property Description
Great Investment Opportunity in North Lawndale. Legal 3-unit building offering strong rental potential. Each spacious unit features 3 bedrooms and 2 bathrooms, including a primary suite with ensuite bath. Units are separately metered with gas heat and in-unit laundry. Rear parking provides 3 dedicated spaces. All three units are currently rented: two month-tomonth and one lease through 12/31. Total current rent is $4,440 per month, with room to increase after cosmetic updates. All units need cosmetic work. Perfect for investors or rehabbers seeking a project with excellent cash-flow upside. Convenient location close to public transportation and downtown. Sold As-Is.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Other
Building
Dwelling Type Two to Four Units
Building Description Brick,Block, No
Sewer Public Sewer
Water Public
Structure Type Brick,Block
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None