$599,000
1632 S Homan Avenue
Chicago, IL, 60623
Great investment opportunity in Chicago’s North Lawndale neighborhood! Newer-construction, legal 3-flat built in 2007 and fully occupied, offering immediate rental income from day one. Each spacious unit features 3 bedrooms, 2 full bathrooms, in-unit laundry, and nicely updated interiors. All three units have separate utilities, with tenants responsible for heat, gas, and electricity; owner pays water only. A solid opportunity for investors looking for an income-producing property with established tenants and minimal work needed. Take ownership and start enjoying the cash flow!
Property Details
Price:
$599,000
MLS #:
MRD12746844
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 31, 2026
Year Built:
2007
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Street Lights, Street Paved
Construction Materials
Brick, Block
Parking Features
Yes, Owned
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch
Roof
Asphalt
Financial
Maintenance Fee
$600
Tax Year
2025
Taxes
$7,712
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Oct 17, 2026
1,355
Multi Family Listed
77
Avg DOM
$535,651
Avg List Price
Community
- Address1632 S Homan Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- 1632 S Homan Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $599,000 To schedule a showing of MLS#mrd12746844 at 1632 S Homan Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
1632 S Homan Avenue
Chicago, IL
