1241 Homan Avenue, Humboldt Park, Chicago, Illinois 60651
$825,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1908 |
| Property Taxes: | $11,889 |
| Days On Market: | 46 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
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| 1908 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12561582 | |
| 16022250220000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 7 May, 2021 | Sold | $690,000 | MRED MLS |
| 8 Mar, 2021 | Under contract | $729,000 | MRED MLS |
| 14 Jul, 2020 | Listed for sale | $729,000 | MRED MLS |
| 9 Feb, 2026 | Under contract | $825,000 | MRED MLS |
| 4 Feb, 2026 | Listed for sale | $825,000 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 24 X 124 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $5,141 |
| 2026 | $11,889 |
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Listing Provided By
Redden+McDaniel
