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1661 S Homan Ave, Chicago, IL, 60623

6beds
2baths
--sqft
$540,000
--price/sqft
$4,112/moest. monthly cost
$164,480/yrincome needed

About This Home

This Beautiful Greystone 2 flat has many updates including beautiful hardwood floors, granite kitchens, stainless steel appliances. Nice size bedrooms and alot of little knooks and crannies. We have space for 2 cars in the rear first come first serve. Section 8 welcome.

Getting Around

76
WalkingVery Walkable
65
TransitGood Transit
73
BikeVery Bikeable

Schools

4/10
Johnson Elementary SchoolGrades PK-80.5 mi

Construction

Condition

  • Year built: 1905

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 3

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 16234040240000
  • Special condition: None

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 25 X 125

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,730$32,760
Home Insurance *$474$5,688
Property Taxes $778$9,336
Electricity $130$1,569
Total$4,112$49,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,982/yr
40% on housing$123,360/yr
45% on housing$109,653/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60623$215
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60623$160
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$1,450
2025-11-17Price change$540,000
2025-11-05Listed for sale$550,000
2025-09-24Listed for rent$1,600
2021-03-12Listing removed--
2020-10-27Listed for sale$175,000
2013-01-04Sold$18,000
2012-10-04Listing removed$18,000
2012-09-11Listed for sale$18,000
2011-11-17Listing removed$1,025
2009-03-08Price change$1,025
2009-02-16Price change$600
2009-01-31Price change$500
2009-01-07Price change$485
2008-12-06Price change$500
2008-10-17Price change$550
2008-09-13Price change$650
2008-07-31Listed for sale$349,100

For Sale by Agent

AgentHoward Thomas
BrokerageRE/MAX Premier

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