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$675,000
45 Days On Site

2318 S Homan Avenue
Chicago, IL 60623

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1908
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of 33 Realty
Call Now: 312-767-7744
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312-767-7744
2318 S Homan Avenue2318 S Homan Avenue2318 S Homan Avenue2318 S Homan Avenue
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Prime Multi-Family Investment Opportunity in Little Village, Chicago Discover this well-maintained multi-family building located in the heart of Chicago's vibrant Little Village neighborhood. Offering a blend of modern updates and strong rental upside potential. Property Highlights: Individual Heat & Water Heaters: Each unit comes equipped with its own furnace heating system and water heater, providing tenants with control over their utilities and reducing owner expenses. Modern Electrical Systems: The units have been recently upgraded with new wiring, ensuring a safe and reliable electrical setup for all residents to code. Updated Kitchens & Baths: Every unit features contemporary kitchens and bathrooms, complete with modern fixtures, cabinetry, and finishes, making the apartments highly desirable to tenants. Strong Rental Upside: With the improvements already in place and the growing demand in this bustling area, there is significant potential for rental rate increases, offering an attractive return on investment. Located in Little Village, a community known for its rich culture, dining, and shopping options, this building is perfectly positioned to capitalize on the neighborhood's ongoing growth. With easy access to public transportation, parks, and schools, this property offers a prime opportunity to own in one of Chicago's most dynamic areas. A high-performing asset with both immediate cash flow and long-term value appreciation!

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Listing Snapshot
Price 
$675,000
Days On Site 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1908
MLS® Number 
12270550
Status 
Active
Property Tax 
$6,118
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoPrice changed to $675,000
a month agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
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Community Features
MLS Area 
CHI - South Lawndale
Listing Courtesy of MRED as distributed by MLS Grid of 33 Realty



Based on information submitted to the MLS GRID as of 2025-03-14 07:50 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-03-14 07:50 AM UTC
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Neighborhood & Commute
Source: Walkscore
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