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!
New
$599,000
1632 S Homan Ave, Chicago, IL 60623
9beds
--sqft
Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
In-unit laundryNicely updated interiors
- --
- 108
- views
- 8
- saves
Zillow last checked:
Listing updated:
Listed by:
Anna Krzemien 708-557-1440,
RE/MAX 10
Source: MRED as distributed by MLS GRID,MLS#: 12746844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 3
- Parking features: Yes, Owned
Features
- Patio & porch: Porch
Lot
- Size: 3,049 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16234030320000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $370,000
- Annual tax amount: $7,711
- Date on market: 9/1/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2020 | Sold | $362,000-0.8% |
Source:  MRED as distributed by MLS GRID #10710113 Report a problem | ||
| 5/16/2020 | Pending sale | $365,000 |
Source: Publix Realty Inc. #10710113 Report a problem | ||
| 5/8/2020 | Listed for sale | $365,000+319.5% |
Source: Publix Realty Inc. #10710113 Report a problem | ||
| 2/8/2020 | Listing removed | $1,200 |
Source: TurboTenant Report a problem | ||
| 1/13/2020 | Listed for rent | $1,200-4% |
Source: TurboTenant Report a problem | ||
| 6/16/2017 | Listing removed | $1,250 |
Source: Safe Harbor Realty LLC #09503737 Report a problem | ||
| 2/15/2017 | Listed for rent | $1,250 |
Source: Safe Harbor Realty LLC #09503737 Report a problem | ||
| 11/26/2013 | Sold | $87,000+15.2% |
Source: MRED as distributed by MLS GRID #08456110 Report a problem | ||
| 4/8/2013 | Sold | $75,500-5.5% |
Source: Agent Provided Report a problem | ||
| 3/1/2013 | Pending sale | $79,900 |
Source: Remax Vision #08263822 Report a problem | ||
| 2/18/2013 | Price change | $79,900-11.1% |
Source: Remax Vision #08263822 Report a problem | ||
| 2/5/2013 | Price change | $89,900+20% |
Source: Remax Vision #08263822 Report a problem | ||
| 10/13/2012 | Pending sale | $74,900 |
Source: Remax Vision #08170367 Report a problem | ||
| 10/2/2012 | Listed for sale | $74,900 |
Source: Remax Vision #08170367 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,461 +25.9% | $37,000 +32.1% |
| 2023 | $5,928 +2.6% | $27,999 |
| 2022 | $5,779 +2.3% | $27,999 |
| 2021 | $5,649 +51.6% | $27,999 +68% |
| 2020 | $3,726 -3.5% | $16,669 -13% |
| 2019 | $3,862 +1.7% | $19,160 |
| 2018 | $3,797 -5.2% | $19,160 +3.4% |
| 2017 | $4,004 -9.4% | $18,537 -16% |
| 2016 | $4,420 +9.3% | $22,068 |
| 2015 | $4,044 -28.6% | $22,068 -27.7% |
| 2014 | $5,665 +2% | $30,531 |
| 2013 | $5,553 +1.4% | $30,531 |
| 2012 | $5,479 +1.5% | $30,531 -8.3% |
| 2011 | $5,395 +218.3% | $33,295 +219.7% |
| 2010 | $1,695 -68.6% | $10,416 -69.9% |
| 2009 | $5,393 -23.8% | $34,584 -29.9% |
| 2008 | $7,074 +1% | $49,312 |
| 2007 | $7,003 +590.2% | $49,312 +597.7% |
| 2006 | $1,015 | $7,068 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lawndale
Nearby schools
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