1522 South Homan Avenue
$49,999
3,125 / 0.07
Contingent
Description
Prime Investment Opportunity: Vacant Multi-Family Lot Seize the chance to own a vacant lot zoned for multi-family use in a rapidly developing area! Located next to the property at 1520 S Homan Ave , this lot is perfectly positioned for investors or developers looking to capitalize on a unique bundled discount when purchased together with the neighboring building. Why This Location? The block and surrounding neighborhood are experiencing a dynamic transformation, with multiple rehab projects and new...Prime Investment Opportunity: Vacant Multi-Family Lot Seize the chance to own a vacant lot zoned for multi-family use in a rapidly developing area! Located next to the property at 1520 S Homan Ave , this lot is perfectly positioned for investors or developers looking to capitalize on a unique bundled discount when purchased together with the neighboring building. Why This Location? The block and surrounding neighborhood are experiencing a dynamic transformation, with multiple rehab projects and new developments underway. These improvements are revitalizing the area, drawing in new families and investors alike, and establishing a vibrant community filled with promise and growth potential. Key Benefits: This is a special delimiter sentence. This is a special delimiter sentence - Zoning Advantage: The multi-family zoning provides excellent flexibility for a variety of residential investment plans, maximizing your returns. The multi-family zoning provides excellent flexibility for a variety of residential investment plans, maximizing your returns - Bundled Purchase: Enjoy an exclusive discount when acquiring this lot along with 1520 S Homan Ave, allowing for expanded development options. Enjoy an exclusive discount when acquiring this lot along with 1520 S Homan Ave, allowing for expanded development options - Growing Neighborhood Appeal: Renovations and enhancements on the same block and in nearby areas are attracting both young families and seasoned investors, paving the way for increased property values and long-term growth. This vacant lot is a blank canvas in a desirable, evolving area - the ideal foundation for a profitable multi-family project or can be used as expanding the yard when purchasing the building next door.
- Listed by Antoinetta Adams • AMA Real Estate Services Inc
Property Details for 1522 South Homan Avenue
Area
CHI - North Lawndale
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces0.0
ZoningMULTI
LISTING UPDATED: 01/21/2025 12:37 PM
Property Details for 1522 South Homan Avenue
Status | Contingent |
---|---|
MLS # | 12207232 |
Days on Market | 74 |
Taxes | $777 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 0.07 AC |
County | Cook County |
Building Information for 1522 South Homan Avenue
Lot Size0.07 AC
Property Information for 1522 South Homan Avenue
Property History for 1522 South Homan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1522 South Homan Avenue
Taxable ValueLand$3,671Additions-Total$3,671
Tax Record2022$758 ($63 / month)
Home Facts
Beds0Lot Size3,125 SqFtStyleResidentialCountyCOOKAPN16-23-225-030
Schools near 1522 South Homan Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Johnson Elementary School PublicPK to 8 | ||
Manley Career Academy High School Public9 to 12 | ||
North Lawndale Prep Charter - Christ Charter9 to 12 | ||
Legacy Elementary Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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