HUGE Fully Rehabbed within past few years 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 only one unit is vacant, very easy to rent. 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 Map
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Lake Michigan
Sewer Public Sewer
Additional Information
Exterior Features
Deck
Sub/Complex
Lawndale
Parking
Parking not included in price
Schools
District 299
Payment Calculator
Listing History
07-28-2021
Listed at $489,900
08-02-2021
Status changed to Under Contract
10-12-2021
Status changed to Closed
10-05-2021
Sold at $470,000
Last Modified 10/12/21 3:29 PM
Nearby Transportation
Bus 82
0.1 mi
Bus 18
0.2 mi
Bus 52
0.3 mi
Bus 157
0.3 mi
Bus 12
0.3 mi
Bus 21
0.7 mi
Bus 53
0.7 mi
Bus 94
0.8 mi
Bus 7
0.8 mi
Bus 126
0.9 mi
Bus 60
1.2 mi
Pink Line
0.6 mi
Blue Line
0.9 mi
I 290 East
0.8 mi
I 290 West
1.1 mi
I 55 South
2.1 mi
I 55 North
2.2 mi
I 90 East
3.4 mi
I 94 East
3.4 mi
I 90 West
3.4 mi
I 94 West
3.4 mi
For More Information
(312) 528-9200
For more information about 1434 S Homan, Chicago, IL 60623 contact Corcoran Urban Real Estate.
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Listing provided by Savvy Properties Inc
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
