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Updated Two-Unit Duplex
For Sale
$540,000

1661 S Homan Avenue, Chicago, IL 60623

Updated two-unit duplex with hardwood floors, granite kitchens, and stainless appliances, plus rear parking for two cars.

Days on Market270

Property Features for 1661 S Homan Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Building Details

Year Built 1905
Tenancy Multi
Listing Agency: RE/MAX Premier
Listed By: Howard Thomas · License #471019584
Source: Harkinsandassociates
Added: Nov 4, 2025 Changed: Jul 31 Last Checked: Aug 1 at 11:11AM

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 RE/MAX Premier

Investment Insights

Based on property information with market context.

Updated two-unit duplex featuring hardwood floors and updated kitchens with granite finishes and stainless steel appliances. The layout includes nicely sized bedrooms and additional interior nooks and crannies, providing functional space within the home.

The property has space for two cars in the rear. Section 8 is welcome. The duplex was built in 1905.

Located at 1661 S Homan Avenue in Chicago, this updated two-unit residence offers an owner-occupant or rental-focused setup with two separate dwelling units and updated interior finishes.

Key Highlights

  • Updated two‑unit duplex with hardwood floors
  • Granite kitchens with stainless steel appliances
  • Nice‑sized bedrooms plus interior nooks and crannies

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic HVAC Service Hotel & Motel Nursing Home

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby

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

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?
Duplex - Updated two-unit duplex with hardwood floors, granite kitchens, and stainless appliances, plus rear parking for two cars.
Where is this duplex located?
The property is located at 1661 S Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Updated two‑unit duplex with hardwood floors; Granite kitchens with stainless steel appliances; Nice‑sized bedrooms plus interior nooks and crannies
More about this property
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