Prime vacant lot ready for new construction or long-term investment. Motivated seller offering owner financing and willing to collaborate on the right project. Bring your plans and explore creative possibilities.
Active
$40,000
1518 S Homan Ave, Chicago, IL 60623
--beds
--baths
3,125Square Feet
Unimproved Land
Built in ----
3,125 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 38 days |
- 56 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bridget Johnson 224-944-0225,
House of Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12681525
Facts & features
Property
Features
- Frontage length: 23 ft
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 16232250280000
- Special conditions: Contact Agent about Title
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Water Nearby
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $45,310
- Annual tax amount: $777
- Date on market: 6/18/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listing removed | $40,000 |
Source: EXIT Realty broker feed #12529425 Report a problem | ||
| 12/8/2025 | Listed for sale | $40,000 |
Source:  MRED as distributed by MLS GRID #12529425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $914 +17.6% | $4,531 +23.4% |
| 2023 | $777 +2.6% | $3,671 |
| 2022 | $758 +2.3% | $3,671 |
| 2021 | $741 -9.7% | $3,671 |
| 2020 | $821 +10.9% | $3,671 |
| 2019 | $740 +1.7% | $3,671 |
| 2018 | $728 +2.6% | $3,671 +11.9% |
| 2017 | $709 +7.9% | $3,281 |
| 2016 | $657 +9.3% | $3,281 |
| 2015 | $601 +3.7% | $3,281 +5% |
| 2014 | $580 +2% | $3,125 |
| 2013 | $568 | $3,125 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Lawndale
Nearby schools
GreatSchools rating
- 4/10Johnson Elementary SchoolGrades: PK-8Distance: 0.4 mi
- NAManley Career Academy High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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