Great investment opportunity in Homewood. Well maintained and professionally managed brick 6 units. Each unit has it's own furnace. Homewood/Flossmoor high school district. Coin operated laundry for extra income. Many long term tenants. All units have been updated. Seller requires 24hr notice for all showings.
Multi-familyProperty Type
1979Year Built
0.32 acresLot Size
12 spacesParking
Listed by Sandra Rodriguez• Advocate Realty and Management, LLC
Bought with Erroll Staton• Solid Realty Services Inc
Well maintain multi-unit updated 2 b/r apt. No Disclosure. No Survey
Public Records
Jan 14, 2004
Sold
$180,000
Public Records
Nov 17, 2000
Sold
$300,000
Public Records
Jan 11, 1990
Sold
$220,000
Public Records
Aug 9, 1979
Sold
$197,500
Year
Property tax
Land + Additions
Assessment*
2023
$18,693 (−8.0%)
$8,371 + $39,129
$47,500
2022
$20,321 (−0.1%)
$7,325 + $33,179
$40,504
2021
$20,342 (+4.0%)
$7,325 + $33,179
$40,504
2020
$19,559 (−6.6%)
$7,325 + $33,179
$40,504
2019
$20,932 (+2.6%)
$6,627 + $34,864
$41,491
2018
$20,404 (+1.7%)
$6,627 + $34,864
$41,491
2017
$20,060 (+14.0%)
$6,627 + $34,864
$41,491
2016
$17,603 (−0.3%)
$5,930 + $29,333
$35,263
2015
$17,652 (+2.0%)
$5,930 + $29,333
$35,263
2014
$17,314 (+0.4%)
$5,930 + $29,333
$35,263
2013
$17,245 (+2.6%)
$5,930 + $32,385
$38,315
2012
$16,805 (+6.6%)
$5,930 + $32,385
$38,315
2011
$15,765 (+11.1%)
$5,930 + $32,385
$38,315
2010
$14,191 (−0.4%)
$5,930 + $32,875
$38,805
2009
$14,247 (+5.9%)
$5,930 + $32,875
$38,805
2008
$13,453 (−4.0%)
$9,488 + $31,360
$40,848
2007
$14,019
$8,371 + $34,048
$42,419
Tax history for 3232 184th St
Year
Property tax
Land + Additions
Assessment*
2023
$18,693 (−8.0%)
$8,371 + $39,129
$47,500
2022
$20,321 (−0.1%)
$7,325 + $33,179
$40,504
2021
$20,342 (+4.0%)
$7,325 + $33,179
$40,504
2020
$19,559 (−6.6%)
$7,325 + $33,179
$40,504
2019
$20,932 (+2.6%)
$6,627 + $34,864
$41,491
2018
$20,404 (+1.7%)
$6,627 + $34,864
$41,491
2017
$20,060 (+14.0%)
$6,627 + $34,864
$41,491
2016
$17,603 (−0.3%)
$5,930 + $29,333
$35,263
2015
$17,652 (+2.0%)
$5,930 + $29,333
$35,263
2014
$17,314 (+0.4%)
$5,930 + $29,333
$35,263
2013
$17,245 (+2.6%)
$5,930 + $32,385
$38,315
2012
$16,805 (+6.6%)
$5,930 + $32,385
$38,315
2011
$15,765 (+11.1%)
$5,930 + $32,385
$38,315
2010
$14,191 (−0.4%)
$5,930 + $32,875
$38,805
2009
$14,247 (+5.9%)
$5,930 + $32,875
$38,805
2008
$13,453 (−4.0%)
$9,488 + $31,360
$40,848
2007
$14,019
$8,371 + $34,048
$42,419
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
6
Stories
3
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Sq. Ft.
6,429
Year built
1978
Style
Multi-Family (5+ Unit)
County
Cook County
APN
31022010340000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R-4
Multiple-Family Residence District
The purpose of the R-4 multiple-family residence district is to promote and maintain the development of multiple-family dwelling units, attached single-family dwelling units, legally established single-family detached residences, and limited other public and institutional uses that are compatible with the surrounding residential neighborhoods. The standards are intended to provide for convenient living at higher densities characteristic of mid-rise buildings.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking Information
# of Parking Spaces: 12
6-12 Outdoor Parking Spaces
Interior
Equipment
# of Dishwashers: 6
# of Refrigerators: 6
# of Ranges: 6
# of Washers: 1
# of Dryers: 1
Heating & Cooling
Central Heating with Individual Controls, Forced Air Heating, Gas Heating
Central Air Conditioning, Central Individual Air Conditioning
Multi-Family Information
# of Units: 6
Last Lease Expiration Date: Sunday, March 31, 2019 5:00 AM
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat
Unit 1 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $1,000
Maximum Monthly Income: $1,000
Unit 2 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $900
Maximum Monthly Income: $900
Unit 3 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $1,025
Maximum Monthly Income: $1,025
Unit 4 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $1,025
Maximum Monthly Income: $1,025
Unit 5 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $1,025
Maximum Monthly Income: $1,025
Unit 6 Information
# of Units of Type: 1
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $900
Maximum Monthly Income: $900
Exterior
Building Information
Age: 36-50 Years
Brick Exterior
Shingle Composition Roof
Pitched Roof
Property Features
Curbs and Gutters, Lighting/Exterior, Security Entrance, Sidewalks
Inside Corridor(s), Storage Inside
Lot Information
Dimensions: 13953
Zoning: MULTI
Property Information
Ownership Type: Limited Liability Corp
Potential Use: Residential (Multi-Family)
Parcel Identification Number: 31022010340000
Financial
Financial Information
Tax: $17,603
Tax Year: 2016
Total Monthly Income: $5,958
Total Annual Income: $71,500
Gross Rental Income: $70,500
Gross Rent Multiplier: 5.7
Net Operating Income: $39,805
Net Operating Income Year: 2017
Cap Rate: 10
Finance Code: Cash
Utilities
Utility Information
Circuit Breakers
Location
Location Information
Township: RICH
Directions: 183rd To Kedzie Ave South to 184th West to Address.
Public facts
Beds: 12
Baths: 6.0
Sq. Ft.: 6,429
Stories: 3.0
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: —
County: Cook County
APN: 31022010340000
Home facts updated by county records on Jul 12, 2026
Other
Expense Information
Total Annual: $31,695
Total Annual Year: 2017
Electricity: $324
Listing Information
Possession: Closing, Immediate
Sale Terms: Conventional, Cash Only
Seller Concessions: No
Around this home
Schools
Flossmoor Hills Elementary School
Public PreK-5 • Assigned • 0.7mi
5/10
Parker Junior High School
Public 6-8 • Assigned • 1.0mi
6/10
Homewood-Flossmoor High School
Public 9-12 • Assigned • 0.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Homewood, IL • 60430
Average low and high temperatures (°F)
30
16
39
23
56
34
63
43
69
49
82
63
86
69
82
64
80
59
69
49
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.