Hold
1554 S Homan Avenue, Chicago, IL
  • $499,900

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. 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.

  • Listing Courtesy of: Baird & Warner

Details

Updated on June 16, 2026 at 5:39 am
  • Property ID MRD12473099
  • Price $499,900
  • Bedrooms 9
  • Year Built 2011
  • Property Type Multi Family
  • Property Status Hold
  • Parking Total 3
  • Parcel Number 16232250440000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Temporarily No Showings
  • Days On Market 48
  • Cumulative Days On Market 449
  • Tax Annual Amount 8045
  • Heating Natural Gas
  • Parking Features Off Alley,Yes,Owned
  • Directions 290 East S on Independence S on Homan to property
  • Subdivision Name Lawndale

Address

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  • Address 1554 S Homan Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60623
  • Country United States

Overview

Property ID: MRD12473099
  • Multi Family
  • Property Type
  • 9
  • Bedrooms
  • 2011
  • Year Built

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