Chicago, IL 60623,1522 S Homan AVE
Chicago, IL 60623,1522 S Homan AVE
Chicago, IL 60623,1522 S Homan AVE
See all 3 photos

$100

$49,999

99.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

SOLD DATE : 02/21/2025

Key Details

Sold Price $100

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12207232

Sold Date 02/21/25

Annual Tax Amount $777

Tax Year 2023

Lot Dimensions 25 X 125

Property Sub-Type Land

Property 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 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:** - **Zoning Advantage:** 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. - **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.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Antoinetta Adams • AMA Real Estate Services Inc
Bought with Brittnea Tait • Coldwell Banker Realty
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 401-6210

genhomepro@gmail.com

736 Sherwood Ave, Aurora, Illinois, 60506, USA

GET MORE INFORMATION

Name
Phone*
Message