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About the Listing 87576 - 890436,875409,167606
This stately, legal four-unit building sits on a corner lot just two blocks from Humboldt Park and offers an impressive unit mix. The property features a spacious duplex-down with tall ceilings and a flexible 3-bedroom, 2-bath layout (1S), a 3-bedroom, 1-bath simplex (2S), and two 2-bedroom, 1-bath simplexes, each with private deck space (1N & 2N). All units have separate utilities, central heat and A/C, and individual water heaters located in the basement. The basement level also provides dedicated landlord storage and office space. The building has seen significant improvements, with a detailed list available in the additional documents. Most recently, an extensive masonry project was completed in 2025/2026, including lintel replacement and major tuckpointing throughout. This is a compelling opportunity to acquire an asset with strong in-place cash flow alongside value-add potential and future rental upside.
Listing Highlights
Status
Pending
Days on Site
20
Property Type
Multi-Family
MLS ®
12561582
Year Built
1908
Total Square Footage
0
Lot/Acreage
24 X 124
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances: CO Detectors,Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 24 X 124
- Zoning: MULTI
- Roof: Flat
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $11,889
- Taxes w/Assessments: N/A
- Tax/Property ID: 16022250220000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
1241 N Homan Ave Chicago, IL 60651
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