2318 S Homan Avenue
Chicago, IL 60623

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Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60623
• Year Built: 1908
• Stories: 3
• Units: 6 units
• Zoning: MULTI
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Cap Rate: 8.25
• Construction Materials: Brick
• Directions: Go west on 26th St, turn right on north Homan Ave till you see the building on the left about 2.5 blocks north.
• Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
• Electric Expense: 500
• Electric Expense Source: Actual
• Expense Year: 2025
• Fuel Expense Source: Actual
• Gross Income: 85200
• Gross Rent Multiplier: 8.21
• Gross Scheduled Income: 85200
• Heat/Ventilation: Central Heat/Indiv Controls, Forced Air
• Indoor Parking: Detached
• Information: 48-Hr Notice Required
• Insurance Expense: 4650
• Insurance Expense Source: Actual
• Lot Size Source: Survey
• Lot Size Square Feet: 3125
• Main Type: Commercial Sale
• Maintenance Expense: 3000
• Manager Expense: 3925
• Manager Expense Source: AC
• Operating Expense: 25228
• Repairs-Decor Expense Source: Broker Projection
• Roof Structure: Pitched
• Tax Annual Amount: 9118.58
• Tax Year: 2024
• Tenant Pays: Electricity, Heat
• Total Annual Expense Source: Actual
• Total Monthly Income: 6900
• Trash Expense: 3084
• Trash Expense Source: Actual
• Type Multi-Family: Corridor-Interior Entrance
• Water Expense Source: Actual
• Water Sewer Expense: 1800