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Brick Two-Unit Duplex
New
For Sale
$335,000

2722 S Homan Avenue, Chicago, IL 60623

Separate utilities, two hot water tanks, and month-to-month tenants support distinct unit operations.

Property SizeContact for details
Days on Market3

Property Features for 2722 S Homan Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 beds, 1 bath, 3 beds, 1 bath
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Year Built 1910
Construction brick
Tenancy Multi
Listing Agency: Realty of America, LLC
Listed By: Adolfo Munoz · License #MRD1017473
Source: Captivaterealestategroup
Added: Sep 9 Last Checked: Sep 9 at 2:39PM

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 Realty of America, LLC

Investment Insights

Based on property information with market context.

Built in 1910, this brick duplex contains two separate living spaces. The first-floor residence has two bedrooms and one bathroom, while the second-floor unit offers three bedrooms and one bathroom. A spacious attic bedroom with its own half bath adds usable living space to the property.

Each unit has separate utility billing, and the building includes two hot water tanks and two parking spaces. Both units are occupied by tenants on a month-to-month basis. The property is located at 2722 S Homan Avenue in Chicago, with access to public transportation.

Key Highlights

  • Two‑unit brick duplex built in 1910
  • First‑floor unit with 2 beds and 1 bath
  • Second‑floor unit with 3 beds and 1 bath

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

1,532
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
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

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 - Separate utilities, two hot water tanks, and month-to-month tenants support distinct unit operations.
Where is this duplex located?
The property is located at 2722 S Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1910; First‑floor unit with 2 beds and 1 bath; Second‑floor unit with 3 beds and 1 bath
More about this property
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