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2859 S Homan Ave
Multi-Family
New
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$245,000

2859 S Homan Ave, Chicago

79% below median
6 bd·3 ba·0 sqft
Built 1906South Lawndale

2859 S Homan Ave, Chicago, IL

6 bd · 3 ba · 0 sqft Multi-Family listed at $245,000, built in 1906 in the South Lawndale neighborhood.

About this home

Great Little Village 2-unit investment opportunity in a convenient Chicago location close to shopping, dining, schools, and public transportation. Ideal for owner-occupant or investor-live in one unit and rent the other, or add to your rental portfolio. Includes a 2-car garage and strong income potential. Schedule your showing today!

Property details

Price
$245,000
Bedrooms
6
Bathrooms
3
Year built
1906
Type
Multi-Family
Days on market
25
Est. property tax
$5,096/yr · $425/mo · 2.08% IL avg
Last sold
$169,000 · Aug 2002

Estimated monthly payment

Down payment20% ($49,000)
Interest rate6.75%
Principal & Interest$1,271
Property Tax$225
Insurance$150
Total$1,646/mo

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Price history

▼ 7.5%Most recent change on 2026-04-22: $265,000 → $245,000.

$284K$170K$55K$74K on Sep 92 (Sold)$80K on Feb 02 (Sold)$169K on Aug 02 (Sold)$265K on Jan 26 (Initial list)$265K on Mar 26 (Initial list)$245K on Apr 26 (Price change)
$74K · Sep 92$245K · Apr 26
  1. Apr 22, 2026$245,000Price change
  2. Mar 31, 2026$265,000Initial list price
  3. Jan 8, 2026$265,000Initial list price
  4. Aug 12, 2002$169,000Sold
  5. Feb 4, 2002$80,000Sold
  6. Sep 21, 1992$74,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 2859 S Homan Ave, Chicago
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Home Intelligence

Neighborhood (zip 60623)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 34.4; 9% hold a bachelor's degree; median household income is $37,814.

Median income
$37,814
Median age
34.4
Owner-occupied
37.8%
Bachelor's degree
9.0%
Census median home value
$203,400

Source: US Census Bureau American Community Survey 5-year estimates.

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