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Two-Unit Duplex with Garage
New
For Sale
$190,000

2859 S Homan Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 2859 S Homan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1
Parking 2
Parking features Garage
Elementary school district 299
Middle school district 299
High school district 299
Directions Take 31st STREET TO HOMAN AVENUE, North to the property.
Subdivision CHI - South Lawndale
Standard status Active
APN 16264200230000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1410

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 1906
Building materials Brick
Listing Agency: Baird & Warner
Listed By: Giovanna Schmieder · License #475162940
Added: Oct 2 Last Checked: Oct 5 at 3:06PM
MLS# 12771512

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Chicago duplex contains two units and has brick construction. The property dates to 1906 and includes a detached two-car garage. Heating is provided by natural gas, and the building connects to public sewer.

The property is in the Little Village neighborhood, near shopping, restaurants, schools, and public transportation. Its room listing includes six bedrooms and three bathrooms.

Key Highlights

  • Two‑unit duplex in Chicago’s Little Village neighborhood
  • Detached two‑car garage
  • Built in 1906

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 Garden Center Daycare Center

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

Location Intelligence

Trade Area within ½ mile

1,291
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 - Brick construction and a detached garage distinguish this Chicago residential property.
Where is this duplex located?
The property is located at 2859 S Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex in Chicago’s Little Village neighborhood; Detached two‑car garage; Built in 1906
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