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    4944 S Honore St Chicago, IL 60609

    For Sale
    $380,000

    Residential Income - Chicago, IL

    Lot size:
    0.25 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 4944 S Honore St

    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
    7
    APN
    20072180320000
    Parking
    2
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1923
    Architectural style
    Other

    Kale Realty (312) 939-5253 [email protected]

    Listing agent Melida Orbe (312) 939-5253 License #475206263

    Listing date Oct 9, 2025

    MLS# 12491608 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 Two-Flat Residential Income Property

    This is a well-maintained brick two-flat located in the Back of the Yards neighborhood of Chicago, IL. The property has been recently upgraded with new rear siding, modern windows, and a new south-side sidewalk. Each of the two units includes 2 bedrooms, 1 bathroom, and a sunroom. The units are currently leased month-to-month, providing flexibility and immediate income. Each unit has independent utilities, including gas, electricity, water heater, and water tank. The property includes an attic that offers additional potential. The finished basement could be converted into a duplex or legalized as a third unit, maximizing investment possibilities. The lot size is 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -87.6712784
    Latitude
    41.8036024

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    FAQs

    What type of property is this?
    Duplex - Upgraded two-flat in Back of the Yards neighborhood with income potential.
    Where is this duplex located?
    The property is located at 4944 S Honore St Chicago, IL.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Income-generating two-flat property with month-to-month leases offering flexibility.; - Potential to increase income by converting the finished basement into a duplex or legalized third unit.; - Each unit features 2 bedrooms, 1 bathroom, and a sunroom.
    (312) 939-5253
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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
    4944 S Honore St Chicago, IL 60609
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