1434 S Homan Ave., Chicago, IL 60623

1434 S Homan Ave., Chicago, IL 60623
Photo 1 of 28
$410,000
Sold on 1/28/20
Beds Baths Sq. Ft. Taxes Built
12 0.00 0 $9,167 1901
On the market: 96 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Cecilia Frakes-Mayberry, @properties Christie's International Real Estate