About 1554 South Homan Avenue
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. 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.
Features of 1554 South Homan Avenue
| MLS® # | 12473099 |
|---|---|
| Price | $499,900 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Acres | 0.00 |
| Year Built | 2011 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 1554 South Homan Avenue |
|---|---|
| Area | CHI - North Lawndale |
| Subdivision | Lawndale |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60623 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Off Alley, On Site, Owned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | None |
Exterior
| Exterior | Brick, Block |
|---|---|
| Roof | Other |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 40 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Baird & Warner |
|---|---|
| Contact Info | 312-242-1000 |