Chicago, IL 60623,1434 S Homan Avenue
Chicago, IL 60623,1434 S Homan Avenue
Chicago, IL 60623,1434 S Homan Avenue
28
$410,000
$439,000
6.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12 BD

1434 S Homan Avenue Chicago, IL 60623

Est. payment /mo
SOLD DATE : 01/28/2020

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $410,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lawndale

MLS Listing ID 10557164

Sold Date 01/28/20

Bedrooms 12

Year Built 1901

Annual Tax Amount $9,167

Tax Year 2017

Lot Dimensions 50X124

Property Description

HUGE Fully Rehabbed 4 unit building located in opportunity zone just off Douglas BLVD. This building features 4 large 3 bedroom units gut rehabbed with high quality finishes including new Mechanical's, Bathrooms, Kitchens (granite counter-tops), Flooring, Doors, Tuck-pointing rear porch, Landscaping, etc. The building also features a massive basement that has already had plumbing and gas service added for an additional 2 units that ARE conforming to city code and zoning. This is an amazing opportunity to acquire a 4 unit with (residential financing) and add 2 additional units later for a huge increase in cashflow. Currently 50% occupied with high market rents, When fully occupied this building produces 10+% CAP!! Great opportunity to live in 1 unit while the other units pay your mortgage and collect a very nice cashflow every month OR rent all 4 and quit your day job while you collect on this cashcow! Conveniently located by Douglass blvd in proximity to downtown, Douglas Park, I-290, CTA pink line, blue line, bus routes restaurants, shopping and more.

Location

State IL

County Cook

Community Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Deck

View Y/N true

Roof Type Tar and Gravel

Building

Lot Description Fenced Yard

Foundation Concrete Perimeter

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Read Less


Listed by Cecilia Frakes-Mayberry • @properties Christie's International Real Estate
Bought with David Jaracz • Savvy Properties Inc

GET MORE INFORMATION

agent

Rex Jarnagin

Broker | FA.FA.100004380

+1(720) 515-1738

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.