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Rehabilitated Triplex with Garage
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2547 W Homer Street, Chicago, IL 60647

Gut-rehabilitated multi-unit property with private outdoor areas, a shared backyard, and a detached two-car garage.

Property SizeContact for details
Days on Market128

Property Features for 2547 W Homer Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Units

Unit Mix 1 x large 1BR/1BA, 1 x 1BR+den/1BA, 1 x 2BR/1BA
Multifamily Units 3

Amenities

private outdoor space
shared backyard

Building Details

Year Renovated 2020
Buildings 1
Tenancy Multi
Listing Agency: @properties Christie's International Real Estate
Listed By: Robert Sikkel · License #IL
Source: Crexi
Added: Apr 28 Changed: Aug 30 Last Checked: Sep 2 at 9:01AM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

Located at 2547 W Homer Street in Chicago, this triplex underwent a gut rehabilitation in 2020. The property contains two legal units and a third non-conforming unit. Unit 1 is a large one-bedroom, one-bath residence positioned essentially at grade, while Unit 2 includes one bedroom, a den, and one bath. The third unit is configured with two bedrooms and one bath as described in the property information.

Each residence includes a sizable private outdoor area, complemented by shared use of the backyard. Interior finishes are light and bright throughout. All three units have had tenants renew for multiple years. A two-car garage provides additional property functionality and is currently rented to a neighboring resident.

Key Highlights

  • Gut rehabilitation completed in 2020
  • Two legal units plus a third non‑conforming unit
  • Unit 1: large one‑bedroom, one‑bath layout at essentially grade level

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Fish Market Butcher Clothing & Fashion Store Coworking & Hybrid Office

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,253
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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?
Triplex - Gut-rehabilitated multi-unit property with private outdoor areas, a shared backyard, and a detached two-car garage.
Where is this triplex located?
The property is located at 2547 W Homer Street Chicago, IL.
What is the asking price?
The asking price for this property is $824,850.
What are key features of this property?
This property features: Gut rehabilitation completed in 2020; Two legal units plus a third non‑conforming unit; Unit 1: large one‑bedroom, one‑bath layout at essentially grade level
More about this property
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