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317 S Homan Avenue

Chicago, IL 60624
  • $949,900
  • STATUS: Active Under Contract
  • ON SITE: 203 Days
  • MLS #: 11335399
Under Contract
UPDATED: 57 min ago
$949,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1896
County:

School Ratings & Info

Description

Full gut rehab 9-unit brick building located in Chicago's historic East Garfield Park neighborhood, generating $117,900 per year! All units have updated kitchens, bathrooms, and boast incredibly spacious layouts and completely gut rehabbed to the bricks in 2014. The property is located two blocks from Garfield Park, which features ponds & gardens, athletic facilities, & the renowned Garfield Park Conservatory. Easy access to I-290 Express and Chicago's Blue Line "El" train station at Kedzie-Homan which both provide tenants a quick and easy commute to Chicago's downtown. Recent capital improvements to the building consist of, but not limited to: a new electric service with in unit breaker boxes, in-unit and separate furnaces and hot water tanks, new windows, 100% copper plumbing, new tear off roof, and a new wood porch. Nine parking spots available in the rear, which provide tenants an additional amenity. MUST SEE!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T18:00:35.323 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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317 S Homan Avenue Chicago, IL 60624

  • Price: $949,900
  • Status: Active Under Contract
  • On Site: 203 Days
  • Updated: 57 min ago
  • MLS #: 11335399
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1896
Built
Neighborhood:
Chi - East Garfield Park
County:
Cook
Area:
Chi - East Garfield Park
Property Description
Full gut rehab 9-unit brick building located in Chicago's historic East Garfield Park neighborhood, generating $117,900 per year! All units have updated kitchens, bathrooms, and boast incredibly spacious layouts and completely gut rehabbed to the bricks in 2014. The property is located two blocks from Garfield Park, which features ponds & gardens, athletic facilities, & the renowned Garfield Park Conservatory. Easy access to I-290 Express and Chicago's Blue Line "El" train station at Kedzie-Homan which both provide tenants a quick and easy commute to Chicago's downtown. Recent capital improvements to the building consist of, but not limited to: a new electric service with in unit breaker boxes, in-unit and separate furnaces and hot water tanks, new windows, 100% copper plumbing, new tear off roof, and a new wood porch. Nine parking spots available in the rear, which provide tenants an additional amenity. MUST SEE!
Exterior Features

Outdoor Parking 6-12 Spaces Parking Total 9

Interior Features

Heat Ventilation Individual Furnaces

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 117600 Gross Scheduled Income 112320 Insurance Expense 4000 Maintenance Expense 3025 Mls Actual Status Contingent Net Operating Income 84161 Operating Expense 28159 Tax Annual Amount 6174 Tax Year 2020 Tenant Pays ElectricityHeatHot Water Total Monthly Income 9800 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Onechicago: 312-216-2422.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T18:00:35.323 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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