$599,000
 $3,216 est/mo Sourced by Back At You

1632 S Homan Avenue,Chicago, IL 60623

Chicago, IL 60623

Share:

Description

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!

Details

MLS #12746844
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2007
Days On Site8
Listing Provided ByRE/MAX 10 | Anna Krzemien

Features

Bed(s)9
Bath(s)6
ZoningMULTI
Acreage0.07

Interior

Rooms Total18
HeatingNatural Gas

Exterior

RoofAsphalt
Construction MaterialsBrick, Block
Patio And Porch FeaturesPorch

Parking

Parking FeaturesYes, Owned

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount7711.99

Area Information

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$599,000
low | high
Med:
$234,900
100% of Average
On site:
8
low | high
Med:
67
11.940298507463% of Average
Sourced by Back At You

Market Activity 60623

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Daniel & Associates Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.

Contact

Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$599,000
low | high
Med:
$234,900
100% of Average
On site:
8
low | high
Med:
67
11.940298507463% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $449K - $748K
sqft: 0 - 0
Listing Updated: September 6, 2026 at 11:16:21 PM PDT