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1317 S Homan Ave, Chicago, IL, 60623

5beds
2baths
--sqft
$330,000
--price/sqft
$2,562/moest. monthly cost
$102,480/yrincome needed

About This Home

Step into the charm of a classic 1898 Chicago Greystone, ideally situated in the evolving North Lawndale neighborhood just west of Douglas Park, between Roosevelt and Douglas Blvd. This area is seeing exciting revitalization-take a look around and you'll notice the steady stream of beautifully restored homes adding to the neighborhood's appeal. Inside, both units offer a timeless layout with formal living room and dining room, hardwood floors. The first-floor unit features two comfortable bedrooms and is currently rented month to month. Upstairs, the second unit features a formal living room and dining room with three bedrooms and is currently rented on a flexible month-to-month basis. Recent updates include new hot water tanks for both units and individual forced-air heating systems, offering convenience and independence for each space. The unfinished basement opens the door to future possibilities-whether you envision a duplex-down for added living space or a separate finished area for additional rental income. 2 parking spots on the back parking pad, new fence was recently installed. With both front and rear access, the potential here is easy to imagine. A location that keeps you connected-close to CTA lines, I-290, the Illinois Medical District, UIC, Pilsen, the West Loop, and downtown. A property with character, flexibility, and upside in a neighborhood on the rise-come take a look and see how it fits your vision.

Getting Around

76
WalkingVery Walkable
67
TransitGood Transit
73
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Stone
  • Roof: Rubber
  • Construction materials: Brick,Stone

Type & Style

  • Home type: MultiFamily
  • Architectural style: Greystone
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas,Electric

Property

Details

  • Parcel number: 16232100060000
  • Zoning: MULTI
  • Special condition: None

Features

  • Patio & porch: Porch

Lot

  • Lot size: 3,125 sqft
  • Lot size dimensions: 25X125

Parking

  • Total spaces: 2
  • Parking features: Off Alley,Off Street,Secured,Yes,Owned

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 $1,668$20,016
Home Insurance *$289$3,468
Property Taxes $475$5,700
Electricity $130$1,569
Total$2,562$30,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,840/yr
40% on housing$76,860/yr
45% on housing$68,320/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$217
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
2026-05-04Listed for sale$330,000
2024-08-22Listing removed$285,000
2024-08-16Listed for sale$285,000
2024-08-12Contingent$285,000
2024-08-02Price change$285,000
2024-07-24Price change$289,900
2024-07-08Listed for sale$294,900
2024-07-08Listing removed--
2024-05-23Listed for sale$299,900
2022-04-05Sold$230,000
2022-02-28Contingent$239,000
2021-09-24Listed for sale$239,000
2012-11-06Listing removed$1,200
2012-02-22Listed for rent$1,200
2009-01-09Sold$64,900
2008-11-26Listed for sale$64,900
2008-07-13Listing removed$200,000
2008-06-10Listed for sale$200,000

For Sale by Agent

AgentJuan Espinosa
BrokerageE-Professional Realty

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