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$599,000

1632 Homan Ave

Chicago, IL
Active
9
Bedrooms
0.07
Lot Size (acres)
2007
Year Built
62
Days On Market

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!

Listing Information

Listing Updated
25 minutes ago
Listed By
Anna Krzemien · RE/MAX 10, 7088571500
MLS#
12746844
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
1632 S Homan Ave, Chicago, IL 60623
City
Chicago
County
Cook
Zip Code
60623

Architecture

Bedrooms
9
Year Built
2007
Construction Materials
Brick, Block
Roof
Asphalt
Garage Spaces
0

Features & Amenities

Patio and Porch
Porch
Community Features
Street Lights

Property Features

Lot Size
0.07 Acres
Water
Public
Sewer
Public Sewer

Tax & Financial Information

List Price
$599,000
Annual Taxes
$7,711

Schools

98/100
KIPP Chicago Chrtrs - Ascend Academy
Elementary · Grades KG–08 · 0.6 mi
City
Chicago
Students
922
Student body
94% Black · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
95%
Phone
(773) 521-4399
55/100
Crown Elementary Community Acd Fine Arts Center
Elementary · Grades KG–08 · 0.4 mi
City
Chicago
Students
103
Student body
87% Black · 12% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
77%
Phone
(773) 534-1680
55/100
Penn Elementary School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
281
Student body
90% Black · 9% Hispanic / Latino · 1% American Indian / Alaska Native
Free/reduced lunch
100%
Phone
(773) 534-1665
54/100
Frazier Prep Academy Charter Elementary School
Elementary · Grades KG–08 · 0.5 mi
City
Chicago
Students
243
Student body
98% Black · 1% Hispanic / Latino · 0% Two or More Races
Free/reduced lunch
99%
Phone
(773) 521-1303
53/100
Johnson STEAM Elementary
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
459
Student body
97% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(773) 534-1829
53/100
Kanoon Elementary Magnet School
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
412
Student body
99% Hispanic / Latino · 1% Black
Free/reduced lunch
97%
Phone
(773) 534-1736
53/100
LEARN Charter - Butler
Elementary · Grades KG–08 · 0.6 mi
City
Chicago
Students
458
Student body
97% Black · 2% Hispanic / Latino · 0% White
Free/reduced lunch
98%
Phone
(773) 722-0200
52/100
Lawndale Elementary Community Academy
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
222
Student body
97% Black · 3% Hispanic / Latino · 1% White
Free/reduced lunch
99%
Phone
(773) 534-1635

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/01/2026Listed for sale$599,000

Listed by Anna Krzemien · RE/MAX 10 · 7088571500

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 2, 2026 at 9:44 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12746844

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