1632 S Homan Avenue

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1632 S Homan Ave, Chicago, IL 60623, USA
Chicago & Midwest + Apartment Buildings
Created date: September 4, 2026
Date last updated: September 13, 2026
Price: $599,000Investment Analyzer NEW!

Property 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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,000
Year Built: 2007
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 9
Number of Bathrooms: 6
Address: 1632 S Homan Avenue, Chicago, IL 60623, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

99 Bowman Road

Chillicothe, Ohio
Chicago & Midwest + Apartment Buildings
Price: $573,000

2208 Milwaukee Avenue

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $569,900

3322 Stevens Avenue

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $315,000

Brokers

View All

Lenders

View All