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Renovated Two-Flat with In-Law
For Sale
$489,900

2139 South Homan Avenue, Chicago, IL 60623

Completely renovated 2-flat featuring two 3-bedroom units and a finished basement in-law arrangement with gated parking pad.

Property SizeContact for details
Days on Market100

Property Features for 2139 South Homan Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,646

Building Details

Year Built 1885
Tenancy Multi
Listing Agency: RE/MAX Premier
Listed By: Juan Narvaez · License #475156839
Source: Compass
Added: May 31 Changed: Aug 8 Last Checked: Aug 6 at 9:50AM

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.

This completely renovated 2-flat offers two residential units plus a finished basement with an in-law arrangement for added flexibility. Each unit includes three bedrooms, one full bathroom, a bright sun-filled living room, formal dining room space, and a modern updated kitchen. The renovation includes a new roof, new windows, updated electrical and plumbing, and new flooring throughout with luxury vinyl plank and ceramic tile. Mechanical improvements include a new HVAC serving the first-floor unit, radiant heat for the second-floor unit, and radiant heat for the basement.

Outside, the property includes a custom-designed backyard with a gated parking pad. The home is described as being within walking distance of schools, CTA Pink Line access, parks, shopping, and neighborhood restaurants.

Set up for immediate occupancy, the property presents a turnkey configuration with two full units and an additional finished in-law living area in the basement.

Key Highlights

  • Completely renovated 2‑flat (2 units) built in 1885, plus a finished basement with an in‑law arrangement
  • Each unit features 3 bedrooms, 1 full bathroom, sun‑filled living room, formal dining room, and a modern updated kitchen
  • Renovations include a new roof, new windows, updated electrical, and updated plumbing throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Hotel & Motel Skin Care Clinic 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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,954
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Completely renovated 2-flat featuring two 3-bedroom units and a finished basement in-law arrangement with gated parking pad.
Where is this duplex located?
The property is located at 2139 South Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Completely renovated 2‑flat (2 units) built in 1885, plus a finished basement with an in‑law arrangement; Each unit features 3 bedrooms, 1 full bathroom, sun‑filled living room, formal dining room, and a modern updated kitchen; Renovations include a new roof, new windows, updated electrical, and updated plumbing throughout
More about this property
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