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Updated Brick Duplex
For Sale
$540,000

1661 S Homan Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market308

Property Features for 1661 S Homan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 6
Parking 2
Parking features Garage
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions East/West on Roosevelt Rd to Homan to property.
Subdivision CHI - North Lawndale
Standard status Active
APN 16234040240000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 2653

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1905
Building materials Brick
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Howard Thomas · License #471019584
Added: Nov 4, 2025 Changed: Sep 2 Last Checked: Sep 8 at 8:06PM
MLS# 12510986

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Chicago two-flat is a brick-built residential income property dating to 1905. The layout includes six bedrooms, three bathrooms, and a basement. Interior improvements include hardwood flooring, granite kitchen surfaces, and stainless steel appliances. Natural-gas forced-air heating serves the building, while public water and public sewer are provided.

Parking includes a garage, with rear space for two cars on a first-come basis. The property occupies 0.07 acres and is located in Chicago’s 60623 ZIP code. Section 8 is welcome, providing a stated leasing option for qualifying occupancy.

Key Highlights

  • Two‑flat brick property built in 1905
  • Six bedrooms, three bathrooms, and a basement
  • Hardwood flooring, granite kitchens, and stainless steel appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Hotel & Motel Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Six bedrooms, three bathrooms, and refreshed interior finishes support the two-flat configuration.
Where is this duplex located?
The property is located at 1661 S Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Two‑flat brick property built in 1905; Six bedrooms, three bathrooms, and a basement; Hardwood flooring, granite kitchens, and stainless steel appliances
More about this property
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