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  • $100

    1522 S Homan Ave, Chicago, IL 60623

    --beds
    --baths
    3,125Square Feet
    Unimproved Land
    Built in ----
    3,125 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,768 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,768/mo

    Zestimate® history
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    What's special

    Vacant multi-family lotZoned for multi-family use
    **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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Antoinetta Adams 773-896-6118,

    AMA Real Estate Services Inc

    Bought with:

    Brittnea Tait

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12207232MLS Logo

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Basement: None

    Property

    Features
    • Frontage length: 25
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16232250300000
    • Zoning: MULTI
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $45,310
    • Annual tax amount: $777
    • Date on market: 11/9/2024
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/21/2025Sold$100-99.8%
    Source: MRED as distributed by MLS GRID #12207232 Report a problem
    1/21/2025Contingent$49,999
    Source: MRED as distributed by MLS GRID #12207232 Report a problem
    11/9/2024Listed for sale$49,999+1150%
    Source: MRED as distributed by MLS GRID #12207232 Report a problem
    6/1/1999Sold$4,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $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 -1.2%$3,281
    2014$609 +2%$3,281
    2013$597 +1.4%$3,281
    2012$589 -17%$3,281 -25%
    2011$709 -0.4%$4,375
    2010$712 +4.4%$4,375
    2009$682 +112.9%$4,375 +95.8%
    2008$320 +1%$2,234
    2007$317 -1.1%$2,234
    2006$321 +22.7%$2,234 +39.6%
    2005$261 +1%$1,600
    2004$259 +2.2%$1,600
    2003$253 -11.9%$1,600
    2002$287 +3.7%$1,600
    2001$277 +188.5%$1,600
    2000$96 $1,600 +220%
    1999-- $500
    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    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.