Homan Square Multifamily Homes & Duplexes for Sale

/22
$575,000
- 9 Beds
- 5 Baths
3316 W Flournoy St, Chicago, IL 60624

Welcome to this beautifully renovated iconic Greystone, thoughtfully rebuilt from the ground up with all-new plumbing, electrical, HVAC systems, and stainless steel appliances-including in-unit washers and dryers for each residence. This legal two-flat with a fully finished in-law suite offers three modern, upscale units (Garden, Unit 1, and Unit 2), making it an ideal turnkey investment for the

Alex Susma Main Street Real Estate Group

3316 W Flournoy St, Chicago, IL 60624
/37
$575,000
- 8 Beds
- 3 Baths
3660 W Grenshaw St, Chicago, IL 60624

Amazing TOTAL Gut rehab legal 3 unit building as per zoning certificate. Floorplan ammended for best modern and luxury living on each floor. Garden or ground floor with 2bedroooms. 1st and 2nd floor 3bedroom 1 bath units. Massive main bedroom suites. Amazing finishes and decor , central heating and cooling system . Easy access to expressway, short distance to downtown Chicago. Schedule a viewing

Mikeita Huey Berkshire Hathaway HomeServices Chicago

3660 W Grenshaw St, Chicago, IL 60624
/2
$599,000
- 9 Beds
- 6 Baths
3518 W Lexington St, Chicago, IL 60624

Spacious units each unit has 3 bedrooms 2 full bathrooms. Building needs some repairs but is very spacious.

Tammy Jackson KM Realty Group, LLC

3518 W Lexington St, Chicago, IL 60624
/2
$330,000
- 9 Beds
- 6 Baths
3623 W Flournoy St, Chicago, IL 60624

Opportunity awaits with this expansive 3-unit building, perfect for investors or owner-occupants looking to generate income while building equity. Each unit boasts 3 spacious bedrooms, 1.5 bathrooms, a bright living room, and a separate dining room-ideal layouts for families or tenants. With hardwood floors lying just beneath the carpet and a 2-year-old boiler, the potential for return is clear.

Carolyn Barnes Real People Realty

3623 W Flournoy St, Chicago, IL 60624
/11
$350,000
- 6 Beds
- 3 Baths
3718 W Polk St, Chicago, IL 60624

Rehab Ready. Home is being sold As-Is. Unit 1 is vacant and can be shown anytime. Family members live in other two units and can show with notice. Both 3 flat and lot next door for sale together. Bring your rehabbers and builders.

Benjamin Tomlinson Century 21 Cicrle

3718 W Polk St, Chicago, IL 60624

Illinois Chicago Homan Square

Why Live in Homan Square

Homan Square, located 5 miles west of downtown Chicago, is a neighborhood undergoing significant revitalization since the late 1990s. The area features a mix of housing styles, including newly built townhomes, condo buildings, worker’s cottages, brick three-flats, and greystones. The neighborhood is known for its grid-like streets, making it easy to walk to local parks and restaurants. The Chicago-Kansas City Expressway borders the north, facilitating convenient commutes to downtown and other parts of the city. A notable development in Homan Square is the 70,000-square-foot community center, which offers an indoor pool, gym, and various health and family services. Adjacent to the community center is Homan Rails Farm, promoting sustainable gardening and seasonal produce harvesting. While yard space is limited, residents enjoy proximity to Boler Park and the expansive Garfield Park, which features baseball diamonds, soccer fields, tennis and basketball courts, and miles of paved trails around a scenic lake. The neighborhood is well-connected with easy access to the Blue L Line at the Kedzie-Homan station and several Chicago Transit Authority bus stops. Dining options include locally owned spots along Roosevelt Road, such as Soule, known for its creole-infused soul food, and Dave’s Red Hots, famous for Chicago-style hot dogs. Grocery shopping is convenient with Freshway Market nearby. The area is zoned for City of Chicago School District 299, with local students attending Gregory Math & Science Academy and Manley Career Academy High School.

Learn more about living in Homan Square

Home Trends in Homan Square, IL

On average, homes in Homan Square, Chicago sell after 13 days on the market compared to the national average of 51 days. The median sale price for homes in Homan Square, Chicago over the last 12 months is $245,000, up 40% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$245,000

Median Single Family Sale Price

$267,500

Median 2 Bedroom Sale Price

$155,000

Average Price Per Sq Ft

$135

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

6.00

Median List Price

$200,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

40%

How to Buy a Home How to Finance a Home How to Sell a Home

In Homan Square, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $330,000 to $599,000, there's something for every budget. As of July, 2025 the median home price in Homan Square, Chicago is $200,000, while the average sale price is $248,333, providing insight into local market trends. On average, multi-family homes spend 13 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Homan Square, Chicago.

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