$499,900
1554 S Homan Avenue
Chicago, IL, 60623
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.
Property Details
Price:
$499,900
MLS #:
MRD12473099
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subdivision:
Lawndale
Neighborhood:
chinorthlawndale
Listed Date:
Sep 17, 2025
Year Built:
2011
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick, Block
Parking Features
Off Alley, On Site, Owned
Parking Spots
3
Roof
Other
Financial
Tax Year
2023
Taxes
$8,045
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Sep 18, 2025
1,523
Multi Family Listed
81
Avg DOM
$500,439
Avg List Price
Community
- Address1554 S Homan Avenue Chicago IL
- SubdivisionLawndale
- CityChicago
- CountyCook
- Zip Code60623
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Property Summary
- Located in the Lawndale subdivision, 1554 S Homan Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $499,900 To schedule a showing of MLS#mrd12473099 at 1554 S Homan Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1554 S Homan Avenue
Chicago, IL
