Chicago Greystone Duplex
For Sale
$325,000
1317 S HOMAN Avenue, Chicago, IL 60623
Two leased units in a historic Chicago greystone with formal living and dining rooms, hardwood floors, and separate forced-air heat.
Property SizeContact for details
Days on Market171
Property Features for 1317 S HOMAN Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Site & Location
Neighborhood
Lawndale
Amenities
Natural Gas
Electric
Porch, Rubber
Building Details
Year Built
1898
Listing Agency:
E-Professional Realty
Listed By:
Juan Espinosa · License #471015933
(773) 837-1011
Source:
Kw
Added: May 8
Changed: Oct 10
Last Checked: Oct 24 at 9:31PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
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 $325,000.
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
