Skip To Content
    Return to Previous Page

    1327 S Homan Avenue

    Chicago, IL 60623
    • $349,900
    • STATUS: Active Under Contract
    • ON SITE: 43 days
    • MLS #: 10861271
    Under Contract
    $349,900
    • 6
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Great opportunity to own a completely rehabbed 3 unit building in Hot North Lawndale neighborhood on a major street. (Opportunity zone) This building features tall ceilings, city views from porch & roof top, Complete roof tear off, new front porch, kitchens (SS APPLIANCES have been installed since photos), baths, mechanicals (including electrical service, copper plumbing, central heat, luxury "life proof" flooring, structural beams, fence, tuckpointing, steel rear porch, in unit laundry, full sized unfinished basement, landscaped etc. A great opportunity to live in one unit and pay your mortgage with nice profit or rent all 3 and collect a HUGE monthly passive income. TURNKEY with 11%+ CAP when proforma! Minutes away from the Eisenhower (I 290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard.

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-30T23:51:00.3 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.bnrealty.com/homes/110113082
    Print Image

    1327 S Homan Avenue Chicago, IL 60623

    • Price: $349,900
    • Status: Active Under Contract
    • MLS #: 10861271
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1900
    Built
    Neighborhood:
    Lawndale
    County:
    Cook
    Area:
    Chi - North Lawndale
    Property Description
    Great opportunity to own a completely rehabbed 3 unit building in Hot North Lawndale neighborhood on a major street. (Opportunity zone) This building features tall ceilings, city views from porch & roof top, Complete roof tear off, new front porch, kitchens (SS APPLIANCES have been installed since photos), baths, mechanicals (including electrical service, copper plumbing, central heat, luxury "life proof" flooring, structural beams, fence, tuckpointing, steel rear porch, in unit laundry, full sized unfinished basement, landscaped etc. A great opportunity to live in one unit and pay your mortgage with nice profit or rent all 3 and collect a HUGE monthly passive income. TURNKEY with 11%+ CAP when proforma! Minutes away from the Eisenhower (I 290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard.
    Exterior Features

    Cars 0 Exterior Building Type Brick Exterior Property Features Porch Floor Unit1 1 Floor Unit2 2 Floor Unit3 3 Foundation Brick Lot Description Fenced Yard Lot Dimensions 25X125 Lot Size Standard Chicago Lot Parking None Roof Type Flat Roof Type Multi 3 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorHardwood Floors Appliances Features Unit2 StoveRefrigeratorHardwood Floors Appliances Features Unit3 StoveRefrigeratorHardwood Floors Basement Full Basement Description Unfinished Bedrooms Above Grade 6 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Equipment Co DetectorsCeiling Fan Full Baths In Building 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Fuel Gas Rooms 18 Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 6

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Area Amenities Park/PlaygroundCurbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Elementary Sch Dist 299 General Information School Bus ServiceCommuter BusCommuter TrainInterstate Access High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 N/A Lease Exp Date Mo Yr Unit2 09/21 Lease Exp Date Mo Yr Unit3 N/A Net Oper Income 1100 New Construction No Ownership Fee Simple Possession Closing Recent Rehab YN Yes Rent Unit1 N/A Rent Unit2 1100 Rent Unit3 N/A Sale Terms ConventionalFhaVaCash Only Sec Deposit Unit1 N/A Sec Deposit Unit2 N/A Sec Deposit Unit3 N/A Sewer Sewer-Public Special Assessments No Special Service Area N Tax Exemptions None Tax Year 2019 Taxes 2763.68 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Total Units In Building 3 Township West Chicago Water Lake Michigan

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Elite.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-30T23:51:00.3 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10861271-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10861271-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10861271-2.jpg
    Logo
    BNRealty | RE/MAX Rising
    501 S Towanda Barnes, Suite 2
    Bloomington IL, 61705