Map of Property

2318 South Homan Avenue

2318 South Homan Avenue, Chicago, IL 60623

  • For Sale $700,000
  • Property Type Multi-Family
  • Property Size 4,800 SF
  • Units 6
  • Date Updated Jan 23, 2025
2318 S Homan is nestled in the vibrant Little Village neighborhood of Chicago, a lively community brimming with rich cultural history and strong neighborhood identity. As you pass under the iconic "Bienvenidos a Little Village" archway, you enter a world where local heritage is celebrated through its bustling commercial corridor along 26th Street, known for its authentic Mexican cuisine, diverse grocery stores, and unique small businesses. The neighborhood's tree-lined streets are home to a mix of architectural styles, including two-flats, bungalows, and newly constructed multi-unit buildings, offering a variety of housing options. Living in Little Village means immersing yourself in a rich tapestry of flavors and experiences. On 26th Street, you'll find everything from street tacos and fruit stands to family-owned restaurants where mariachi bands and live entertainment enhance the dining experience. Whether grabbing a quick bite or enjoying a leisurely meal with friends, the area’s culinary scene is always buzzing with energy. For relaxation and recreation, the neighborhood provides plenty of green spaces, with parks offering soccer fields, baseball diamonds, and picnic areas. Community events, like the annual Mexican Independence Day parade, bring neighbors together to celebrate the area’s deep-rooted traditions. With convenient access to public transportation and a welcoming family-oriented atmosphere, Little Village offers a dynamic and authentic living experience in Chicago's southwest side.Very Large 6-unit building within a designated ADU pilot area for a 7th unit. Large new garage. Individual furnaces Individual water heaters. New electrical wiring in the units.
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Highlights

  • Individual Heat & Water Heaters: Each unit comes equipped with its own furnace heating system and water heater, providing tenants with control over their utilities and reducing owner expenses.
  • Modern Electrical Systems: The units have been recently upgraded with new wiring, ensuring a safe and reliable electrical setup for all residents to code.
  • Updated Kitchens & Baths: Every unit features contemporary kitchens and bathrooms, complete with modern fixtures, cabinetry, and finishes, making the apartments highly desirable to tenants.
  • Strong Rental Upside: With the improvements already in place and the growing demand in this bustling area, there is significant potential for rental rate increases, offering an attractive return on investment.

Contacts

broker
Brian Mond

33 Realty

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Transit Score ®

    64/100 Good Transit

  • Bike Score ®

    76/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Little Village
  • Zip Code 60623
  • Market Chicago

Points of Interest

  • Central Park

    0.40 miles

  • Kedzie

    0.41 miles

  • Kostner

    1.22 miles

  • 54th/Cermak

    2.39 miles

  • Ashland

    2.42 miles

  • Cicero

    2.44 miles

  • Uber Tent

    3.01 miles

  • Halsted

    3.21 miles

  • Halsted Street

    3.34 miles

  • UIC-Halsted (Morgan Street)

    3.52 miles

  • Exxon

    0.31 miles

  • Shell

    0.43 miles

  • Mobil

    0.67 miles

  • Power Gas Station

    0.71 miles

  • BP

    1.15 miles

  • Citgo

    1.24 miles

  • GoLo

    1.24 miles

  • Marathon

    1.35 miles

  • EVgo

    2.46 miles

  • Electrify America

    3.41 miles

  • Visitor Parking

    0.76 miles

  • Visitor Paerking

    1.08 miles

  • Lot W5

    2.06 miles

  • 35th/Archer Park & Ride

    2.08 miles

  • Trailer Parking

    2.10 miles

  • Lot A4

    2.25 miles

  • Lot C4

    2.28 miles

  • Lot A3

    2.29 miles

  • Karavan Motel

    1.87 miles

  • Shamrock Motel

    2.10 miles

  • Cindy Lyn Motel

    2.11 miles

  • Hyatt Place Chicago - Medical / University District

    2.55 miles

  • Hyatt House Chicago - Medical / University District

    2.61 miles

  • Courtyard by Marriott Chicago at Medical District / UIC

    2.84 miles

  • Hotel Chicago West Loop

    2.95 miles

  • Benedictine Bed and Breakfast

    3.05 miles

  • Cicero Motel

    3.17 miles

  • Carlton Inn Midway

    3.20 miles

  • Dunkin'

    0.29 miles

  • Manolo's Tamales

    0.34 miles

  • Doña Torta Restaurant

    0.36 miles

  • McDonald's

    0.46 miles

  • Taqueria Los Comales

    0.47 miles

  • La Chapattis Grocery

    0.49 miles

  • Taqueria El Milagro

    0.52 miles

  • Burger King

    0.55 miles

  • Panda Express

    0.60 miles

  • Lou Malnati's Pizzeria

    0.62 miles

  • Farragut Career Academy

    0.13 miles

  • Crown Community Academy

    0.27 miles

  • Cárdenas Elementary School North

    0.27 miles

  • Kanoon Magnet School

    0.31 miles

  • Cárdenas Elementary School South

    0.36 miles

  • Saint Ludmilla School

    0.39 miles

  • Our Lady of Tepeyac High School

    0.45 miles

  • Saint Roman School

    0.46 miles

  • Carole Roberston Center for Learning

    0.47 miles

  • Saint Agnes of Bohemia School

    0.48 miles

  • Herzl Child-Parent Center

    1.02 miles

  • Our Lady of Lourdes Child Development Center

    1.27 miles

  • Dorie Miller Child Parent Center

    1.77 miles

  • New Zion Childcare Academy

    2.14 miles

  • YMCA Child Care

    2.20 miles

  • Brighton Park Early Learning Center

    2.36 miles

  • Adams Street Child Care Center

    2.68 miles

  • Taylor Tots

    2.83 miles

  • Kid City

    3.43 miles

  • Teddy Bear Pre-School

    3.49 miles

Frequently Asked Questions

How much does 2318 South Homan Avenue cost?

The space currently listed for sale at 2318 South Homan Avenue asks for $700,000.

What is the total square footage of 2318 South Homan Avenue?

2318 South Homan Avenue totals 4,800 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Brian Mond

33 Realty

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