$650,000
1215 S Homan Avenue
Chicago, IL, 60623
Stunning 9-unit Greystone at 1215 S Homan in the growing North Lawndale market! Property features 9 2bed/ 1 bath units with 3 units on each level (Front, Middle, Rear). 4 of 9 units have been recently renovated. Tenant makeup is a mix of 3 subsidized and the remaining market rate with the subsidized units achieving $1,350-1,400 in monthly rent. There is a front and rear basement offering additional storage space for tenants. Building features a mix of copper and galvanized plumbing, gas boiler, and separate electrical meters. Phenomenal opportunity for an investor to increase rents by remodeling the remaining units and occupying with subsidized or market rate tenants.
Property Details
Price:
$650,000
MLS #:
MRD11999370
Status:
Active
Beds:
0
Baths:
0
Address:
1215 S Homan Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Mar 8, 2024
State:
IL
ZIP:
60623
Year Built:
1900
Schools
Interior
Exterior
Construction Materials
Brick, Stone
Financial
Buyer Agent Compensation
2.0Gross Sale Price
Tax Year
2022
Taxes
$14,405
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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1215 S Homan Avenue
Chicago, IL
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