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    4514 S Honore St Chicago, IL 60609

    Under Contract
    For Sale
    $204,000

    Residential Income - Chicago, IL

    Days on Market:
    46
    Last Refresh:
    Dec 12 at 3:06 pm

    Property Features for 4514 S Honore St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    20064120270000
    Parking
    2

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Architectural style
    Other

    James Construction (847) 668-8042 [email protected]

    Listing agent Dimitris Mellos (312) 588-9046 License #471007653

    Listing date Oct 28, 2025

    MLS# 12496483 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

    Updated 2-Flat in Chicago

    This recently updated 2-flat property presents an investment opportunity in Chicago's revitalized Back of the Yards neighborhood. The property features two units with comfortable living spaces. A shared backyard provides tenants with space for grilling, relaxation, and outdoor gatherings. The property is conveniently located near public transportation, including the CTA Orange Line and multiple bus routes, as well as major expressways I-55 and I-90/94. Local amenities such as parks, schools, shopping centers, and dining options are also nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6714809
    Latitude
    41.8116794

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    FAQs

    What type of property is this?
    Duplex - Updated 2-flat in revitalized Back of the Yards neighborhood.
    Where is this duplex located?
    The property is located at 4514 S Honore St Chicago, IL.
    What is the asking price?
    The asking price for this property is $204,000.
    What are key features of this property?
    This property features: - Income-producing 2-flat property.; - Recently updated units with comfortable living spaces.; - Convenient access to public transportation (CTA Orange Line, bus routes).
    (312) 588-9046
    Request Owner's contact information
    4514 S Honore St Chicago, IL 60609
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    Chicago, IL 60609
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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
    4514 S Honore St Chicago, IL 60609
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