Back 1241 N Homan Ave
Off Market

1241 N Homan Ave

Chicago IL 60651

10
5
Multi-Family
Last sold for $930,000
Chase McDanielChase McDaniel, last sold this property on 20 March 2026 after 43 days on market.

Overview

This stately, legal four-unit building sits on a corner lot just two blocks from Humboldt Park and offers an impressive unit mix. The property features a spacious duplex-down with tall ceilings and a flexible 3-bedroom, 2-bath layout (1S), a 3-bedroom, 1-bath simplex (2S), and two 2-bedroom, 1-bath simplexes, each with private deck space (1N & 2N). All units have separate utilities, central heat and A/C, and individual water heaters located in the basement. The basement level also provides dedicated landlord storage and office space. The building has seen significant improvements, with a detailed list available in the additional documents. Most recently, an extensive masonry project was completed in 2025/2026, including lintel replacement and major tuckpointing throughout. This is a compelling opportunity to acquire an asset with strong in-place cash flow alongside value-add potential and future rental upside.

Features

10 bedrooms
5 bathrooms
Multi-Family

Estimated Value

We need at least 3 similar 10 bedroom multi families sold in Chicago over the last 12 months.

Property history for 1241 N Homan Ave

2026
Sold
$930,000
20 Mar 2026 by Chase McDaniel, of Redden+McDaniel
2021
Sold
$690,000
07 May 2021 by Gladys Santiago, of MGS United Realty, LLC

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Local market activity for 10 bedroom multi families in Chicago

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