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948 N Homan Ave
Single Family
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$395,000

$271/sqft

948 N Homan Ave, Chicago

67% below median
3 bd·2 ba·1,455 sqft
Built 2025West Side

948 N Homan Ave, Chicago, IL

3 bd · 2 ba · 1,455 sqft Single Family listed at $395,000, built in 2025 in the West Side neighborhood.

About this home

This home is part of the Cook County Modular Homes Program pilot! This home comes with $20k down payment assistance PLUS additional DPA for income eligible buyers with need. Buyers need NOT be 1st time home owners to purchase this home BUT, MUST be owner occupied and buyer must divest of any title currently owned. Application and HUD certified home buyer education certificate required. All our homes are 21st century high performance with energy star HVAC & water systems, air tight enclosure, energy star windows in all living spaces, fresh air & purification systems, smart home technology throughout, water and energy monitoring, touchscreen home control center, keyless entry, security system, USB outlets in kitchen and bathrooms, workspaces in every bedroom, open-concept living, dining and kitchen area stainless steel appliances solid surface countertops plank flooring throughout. ADA adaptable first floor, second floor family room, fenced back yard with landscaping, wrap around porch for convenient package drop off. All Inherent Homes are intended to build and promote homeownership for long term generational equity. Sale is subject to underwriting by Cook County! Cook County requires that lender is NOT A MTG BROKER. DPA Funds allow for closing costs. See additional docs.

Property details

Price
$395,000
Bedrooms
3
Bathrooms
2
Interior
1,455 sqft
Price / sqft
$271
Year built
2025
Type
Single Family
Days on market
201
Est. property tax
$8,216/yr · $685/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($79,000)
Interest rate6.75%
Principal & Interest$2,050
Property Tax$362
Insurance$150
Total$2,562/mo

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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.

Home Intelligence

Neighborhood (zip 60651)

Median age is 34.4; 9% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $48,532.

Median income
$48,532
Median age
34.4
Owner-occupied
44.5%
Bachelor's degree
8.8%
Census median home value
$241,600

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

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