340 S Homan Ave Chicago, IL 60624
Garfield Park NeighborhoodEstimated payment $3,383/month
Highlights
- Porch
- Senior Tax Exemptions
- 3-minute walk to Gladys Gunderson Park
- Heating System Uses Steam
About This Home
Jumbo 3-unit brick building in excellent condition featuring 3 exterior parking spaces and a large backyard. Each spacious unit offers a separate living room with an alcove, formal dining room, separate kitchen, and two generously sized bedrooms with large closets. High ceilings, hardwood floors throughout, and oversized windows provide abundant natural light in every unit. Recent updates include a new intercom system, newly glazed bathtubs, newer toilets, new shower tile and shower heads in the 2nd and 3rd floor units, a newer boiler, and a new kitchen on the 3rd floor. Laundry is conveniently located on site with two washers and two dryers. The huge basement boasts 9-10 foot ceilings and offers incredible potential to be finished as a garden unit or in-law apartment. Additional improvements include a brand-new fence (2021), water tank (2018), roof repairs (2021), all new windows (2011), and new outdoor light fixtures (2022). Well maintained, income-producing, and full of potential-this is a must-see property. Schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,660
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
- Parking Included in Price
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Porch
- Lot Dimensions are 35x125
Community Details
- 3 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,167 | $34,000 | $6,361 | $27,639 |
| 2024 | $4,167 | $34,000 | $6,361 | $27,639 |
| 2023 | $4,041 | $23,000 | $5,155 | $17,845 |
| 2022 | $4,041 | $23,000 | $5,155 | $17,845 |
| 2021 | $3,968 | $22,999 | $5,154 | $17,845 |
| 2020 | $3,498 | $18,751 | $5,154 | $13,597 |
| 2019 | $3,604 | $21,308 | $5,154 | $16,154 |
| 2018 | $3,542 | $21,308 | $5,154 | $16,154 |
| 2017 | $4,433 | $23,899 | $4,606 | $19,293 |
| 2016 | $2,253 | $23,899 | $4,606 | $19,293 |
| 2015 | $2,165 | $23,899 | $4,606 | $19,293 |
| 2014 | $2,147 | $21,936 | $4,387 | $17,549 |
| 2013 | $2,154 | $21,936 | $4,387 | $17,549 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $560,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12556507
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