SoldMar 20, 2026

Listed by Chase McDaniel and Zachary Redden from Redden+McDaniel

Bought with Jennifer Rivera

Source: Midwest Real Estate Data, LLC #12561582

1241 N Homan Ave, Chicago, IL, 60651

$930,000

10
5

MultiFam

6 days on the market

Sold: Mar 20, 2026

What's around 1241 N Homan Ave

About this property

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.

Looking for more information on 1241 N Homan Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Other properties sold by Redden+McDaniel

SoldMay 11, 2026
$451,000
2W/3121 W Belle Plaine Ave
Chicago IL 60618
2
2
1
Condo
Listing courtesy of Redden+McDaniel and Fulton Grace Realty
SoldMay 8, 2026
$703,000
23/1801 West Diversey Parkway
Chicago IL 60614
3
2
1
Condo
Listing courtesy of Redden+McDaniel and Compass
SoldMay 8, 2026
$465,000
302/300 W Grand Ave
Chicago IL 60654
2
2
1
Condo
Listing courtesy of Redden+McDaniel and Keller Williams ONEChicago

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 20 Mar 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent