1434 Homan Avenue, North Lawndale, Chicago, Illinois 60623
$410,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 12 |
| Baths: | 0 |
| Year Built: | 1901 |
| Property Taxes: | $9,167 |
| Days On Market: | 2209 |
| Lot Size: | 0,00 |
Description
HUGE Fully Rehabbed 4 unit building located in opportunity zone just off Douglas BLVD. This building features 4 large 3 bedroom units gut rehabbed with high quality finishes including new Mechanical's, Bathrooms, Kitchens (granite counter-tops), Flooring, Doors, Tuck-pointing rear porch, Landscaping, etc. The building also features a massive basement that has already had plumbing and gas service added for an additional 2 units that ARE conforming to city code and zoning. This is an amazing opportunity to acquire a 4 unit with (residential financing) and add 2 additional units later for a huge increase in cashflow. Currently 50% occupied with high market rents, When fully occupied this building produces 10+% CAP!! Great opportunity to live in 1 unit while the other units pay your mortgage and collect a very nice cashflow every month OR rent all 4 and quit your day job while you collect on this cashcow! Conveniently located by Douglass blvd in proximity to downtown, Douglas Park, I-290, CTA pink line, blue line, bus routes restaurants, shopping and more.
Property Specifics
| Multi-unit | |
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| 1901 | |
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| No | |
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| Cook | |
| Lawndale | |
| — / — | |
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| 10557164 | |
| 16232170210000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Jan, 2020 | Sold | $410,000 | MRED MLS |
| 4 Nov, 2019 | Under contract | $439,000 | MRED MLS |
| 24 Oct, 2019 | Listed for sale | $439,000 | MRED MLS |
| 5 Oct, 2021 | Sold | $470,000 | MRED MLS |
| 2 Aug, 2021 | Under contract | $489,900 | MRED MLS |
| 28 Jul, 2021 | Listed for sale | $489,900 | MRED MLS |
Room Specifics
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 50X124 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $9,167 |
| 2021 | $4,096 |
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Listing Provided By
@properties Christie's International Real Estate
