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Off market
  • $635,600

    1434 S Homan Ave, Chicago, IL 60623

    12beds
    4,422sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $635,600 Zestimate®
    $144/sqft
    $1,744 Estimated rent

    Home value

    $635,600

    $578,000 - $693,000

    $1,744/mo

    Zestimate® history
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    Owner options

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    Rent Zestimate®

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    $4,541/mo

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    $4,541/mo

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Other
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 4,422 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 1623217021

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1901

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $144/sqft
    • Tax assessed value: $460,010
    • Annual tax amount: $8,612

    Price history

    DateEventPrice
    10/5/2021Sold$470,000-4.1%$106/sqft
    Source: MRED as distributed by MLS GRID #11170894 Report a problem
    8/2/2021Contingent$489,900$111/sqft
    Source: MRED as distributed by MLS GRID #11170894 Report a problem
    7/28/2021Listed for sale$489,900+19.5%$111/sqft
    Source: MRED as distributed by MLS GRID #11170894 Report a problem
    1/28/2020Sold$410,000-6.6%$93/sqft
    Source: MRED as distributed by MLS GRID #10557164 Report a problem
    11/4/2019Pending sale$439,000$99/sqft
    Source: @properties #10557164 Report a problem
    10/24/2019Listed for sale$439,000+299.1%$99/sqft
    Source: @properties #10557164 Report a problem
    10/18/2017Sold$110,000$25/sqft
    Source: Public Record Report a problem
    6/22/2017Sold$110,000+1.9%$25/sqft
    Source: Agent Provided Report a problem
    5/4/2017Pending sale$107,900$24/sqft
    Source: SR Realty Group Inc. #09502781 Report a problem
    4/7/2017Price change$107,900-4.9%$24/sqft
    Source: SR Realty Group Inc. #09502781 Report a problem
    2/14/2017Listed for sale$113,500-38.6%$26/sqft
    Source: SR Realty Group Inc. #09502781 Report a problem
    9/4/2002Sold$185,000$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,612 +45.3%$46,001 +64.3%
    2023$5,928 +2.6%$27,999
    2022$5,779 +2.3%$27,999
    2021$5,649 +43%$27,999 +58.4%
    2020$3,951 -3.5%$17,675 -13%
    2019$4,096 +1.7%$20,317
    2018$4,026 -12.2%$20,317 -4.3%
    2017$4,584 +7.9%$21,219
    2016$4,250 +9.3%$21,219
    2015$3,888 -8.7%$21,219 -7.5%
    2014$4,257 +2%$22,943
    2013$4,173 +1.4%$22,943
    2012$4,117 -19.1%$22,943 -27%
    2011$5,090 -0.4%$31,409
    2010$5,111 +4.4%$31,409
    2009$4,898 +4.3%$31,409 -4%
    2008$4,695 +1%$32,726
    2007$4,648 -1.1%$32,726
    2006$4,698 +118.7%$32,726 +149%
    2005$2,148 +1%$13,145
    2004$2,126 +2.2%$13,145
    2003$2,080 +43.4%$13,145 +62.8%
    2002$1,450 +3.8%$8,072
    2001$1,398 +15.7%$8,072
    2000$1,208 -0.7%$8,072 +28.4%
    1999$1,216 $6,289
    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $635,600
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    Estimated market value
    $635,600