About This Home

This 9-bedroom, 6-bathroom residential multi family at 1632 S Homan Avenue in Chicago, IL is listed for $599,000. Built in 2007, on a 0.07 acres lot.

Key Features

  • Built in 2007
  • 0.07 acre lot
  • 3 parking spaces

Property Details

6 full
3 spaces
2007
Listing 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!

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

1632 S Homan Avenue

Chicago, IL 60623

Property Details

Construction

Brick Block

Outdoor Features

Porch

Parking

Owned

Heating

Natural Gas

Questions & Answers

This 9-bedroom, 6-bathroom residential multi family at 1632 S Homan Avenue is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2007, 0.07 acre lot, 3 parking spaces.

This property is listed by Anna Krzemien.

AK

Anna Krzemien

Agent at Remax 10

Listed by Remax 10 · Broker phone: (708) 857-1500 · View on Broker Site

MLS# 12746844· Source: Midwest Real Estate Data, LLC· 59 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1632 S Homan Avenue, Chicago, IL 60623

Open this listing in: