$650,000
↓ $45K (6.5%)
●
Commercial -
For Sale
1215 S Homan Avenue
Chicago, IL 60623
Studio
0 Bath
$4,392
Estimated Monthly
-0.65%
Cap Rate
About This Property
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.
Unit Size
-
Days on Market
84 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,200
HOA Dues
-
Year Built
-
Listed By
Last updated: 28 days ago (MREDIL #11999370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Price Decreased |
$650,000
↓ $45K
(6.5%)
|
|
| Price Decreased | |||
| Mar 8, 2024 | Listed by 33 Realty | $695,000 | |
| Listed by 33 Realty | |||
Property Highlights
1215 S Homan Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1215 South Homan Avenue
1215 South Homan Avenue, Chicago, IL 60623
- 1 Unit for Sale
