IL
Cook
Chicago
60623
1522 S Homan S Avenue
1522 S Homan S Avenue, Chicago, IL 60623
Listing Type
Lots/Land
Listing Status
contingent
3
$49,999

Home Details for 1522 S Homan S Avenue

Price
$49,999
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
County
Cook
Garage
Days on site
77
MLS Listing#
12207232
Listing courtesy: AMA Real Estate Services Inc - 773-896-6118
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.

Property Features
  • Utilities
    • Electric Nearby
    • Gas Nearby
    • Sanitary Sewer
    • Water Nearby
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-01-21 16:02:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-01-21 16:02:07
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
Request more details
Code: