About 1215 South Homan Avenue
Stunning 9-unit Greystone at 1215 S Homan in the growing North Lawndale market! Property features 9 2bed/ 1 bath units with 3 units on each level (Front, Middle, Rear). 4 of 9 units have been recently renovated. Tenant makeup is a mix of 3 subsidized and the remaining market rate with the subsidized units achieving $1,350-1,400 in monthly rent. There is a front and rear basement offering additional storage space for tenants. Building features a mix of copper and galvanized plumbing, gas boiler, and separate electrical meters. Phenomenal opportunity for an investor to increase rents by remodeling the remaining units and occupying with subsidized or market rate tenants.
Features of 1215 South Homan Avenue
MLS® # | 11999370 |
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Price | $650,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1900 |
Type | Commercial Sale |
Sub-Type | Multi Family 5+ |
Status | Active |
Community Information
Address | 1215 South Homan Avenue |
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Area | CHI - North Lawndale |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60623 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Additional Information
Days on Market | 67 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | 33 Realty |
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