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Chicago Greystone Duplex Investment

1317 S HOMAN Avenue Chicago, IL 60623

1317 S HOMAN Avenue, Chicago, IL, 60623
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For Sale
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Two leased units in a historic Chicago greystone with formal living and dining rooms, hardwood floors, and separate forced-air heat.

Days on Market80

Property Features for 1317 S HOMAN Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1898
Listing agency E-Professional Realty
Listed by Juan Espinosa · License #471015933
Source Crexi
Added: May 4 Updated: Jul 21 at 5:44PM Checked: Jul 21 at 5:44PM

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 E-Professional Realty


Investment Insights

Based on property information with market context.

This historic 1898 Chicago greystone duplex offers two distinct residential units. Each unit features formal living and dining room space with hardwood floors. The first-floor unit has two bedrooms and is currently rented on a month-to-month basis. The second-floor unit includes three bedrooms and is also rented on a flexible month-to-month basis. Recent improvements include new hot water tanks for both units and individual forced-air heating systems, providing independence for each space. An unfinished basement adds additional options for future development, and the property includes two parking spots on a back parking pad with a recently installed fence.

The property is located in the North Lawndale area just west of Douglas Park, positioned between Roosevelt and Douglas Blvd. Access is described as having both front and rear entry points, with proximity to CTA lines and major regional destinations including I-290, the Illinois Medical District, UIC, Pilsen, the West Loop, and downtown.

For practical layout, both units maintain formal common living areas, while the mechanical systems are separately metered via individual forced-air heating and new hot water tanks. The combination of active month-to-month income and an unfinished basement supports multiple residential configuration possibilities.

Key Highlights

  • 1898 Chicago greystone with two leased units
  • Each unit features formal living and dining rooms with hardwood floors
  • Separate forced‑air heating systems for each unit, plus new hot water tanks for both units

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Law Firm Skin Care Clinic Acupuncture Building Supply Florist Nursing Home Gym & Fitness Center Accounting Firm

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

FAQs

What type of property is this?
Duplex - Two leased units in a historic Chicago greystone with formal living and dining rooms, hardwood floors, and separate forced-air heat.
Where is this duplex located?
The property is located at 1317 S HOMAN Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1898 Chicago greystone with two leased units; Each unit features formal living and dining rooms with hardwood floors; Separate forced‑air heating systems for each unit, plus new hot water tanks for both units
Contact an agent
(312) 730-8875 Call to check price and availability
More about this property
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