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Two-Story Quadplex with Central Air
For Sale
Contact for pricing
Pending

1241 N Homan Ave., Chicago, IL 60651

Four-unit residential property with hardwood flooring and a duplexed lower-level residence.

Property SizeContact for details
Days on Market143

Property Features for 1241 N Homan Ave.

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Buildings 1
Stories 2
Listing Agency: Mgs United Realty LLC
Listed By: Gladys Santiago · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 30 at 4:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mgs United Realty LLC

Investment Insights

Based on property information with market context.

This two-story quadplex includes four residential units and central air. Interior features include hardwood flooring, along with white ceramic tile in the kitchen and bathroom floors. The south unit on the first floor extends into the basement, adding a family room, bathroom, and bonus room that may serve as a bedroom or office.

The property is located at 1241 N Homan Ave. in Chicago, near Humboldt Park and public transportation. The building is offered in its existing condition, with the sale structured on an as-is basis.

Key Highlights

  • Four‑unit, two‑story quadplex
  • Central air throughout the building
  • Hardwood floors plus white ceramic tile in kitchen and bathroom floors

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit residential property with hardwood flooring and a duplexed lower-level residence.
Where is this quadplex located?
The property is located at 1241 N Homan Ave. Chicago, IL.
What are key features of this property?
This property features: Four‑unit, two‑story quadplex; Central air throughout the building; Hardwood floors plus white ceramic tile in kitchen and bathroom floors
More about this property
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