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    1661 S Homan Ave Chicago, IL 60623

    For Sale
    $540,000

    Residential Income - Chicago, IL

    Lot size:
    0.07 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 1661 S Homan Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    16234040240000
    Parking
    2
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1905
    Architectural style
    Other

    RE/MAX Premier Properties (312) 475-1717 [email protected]

    Listing agent Howard Thomas (312) 475-1717 License #471019584

    Listing date Nov 17, 2025

    MLS# 12510986 Listing URL

    Copyright © 2025 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.

    Overview

    Chicago Greystone Two-Flat For Sale

    This greystone two-flat, located in Chicago, IL, features updated interiors, including hardwood floors, granite kitchens, and stainless steel appliances. The property includes bedrooms of a nice size and unique architectural details. There is space for two cars in the rear on a first come first serve basis. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7099362
    Latitude
    41.8572686

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    FAQs

    What type of property is this?
    Duplex - Updated greystone two-flat with modern amenities in Chicago, IL.
    Where is this duplex located?
    The property is located at 1661 S Homan Ave 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: - Updated with **hardwood floors, granite kitchens, and stainless steel appliances.**; - Two-flat greystone building.; - Includes **five rooms identified as bedrooms.**
    (312) 475-1717
    Request Owner's contact information
    1661 S Homan Ave Chicago, IL 60623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1661 S Homan Ave Chicago, IL 60623
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