1522 S Homan Chicago, IL 60623

  • $49,999
  • Sold Date: 01-01-70

1522 S Homan Chicago, IL 60623
Active
1522 S Homan Chicago, IL 60623
1522 S Homan Chicago, IL 60623
  • $49,999
  • Sold Date: 01-01-70

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.

  • Listing Courtesy of: AMA Real Estate Services Inc
  • Address 1522 S Homan
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60623
  • Country Cook

Details

Updated on November 15, 2024 at 10:49 pm
  • Price: $49,999
  • Property Type: Land
  • Property Status: Active
  • Parcel Number: 16232250300000
  • Days On Market: 6
  • Cumulative Days On Market: 6
  • Tax Annual Amount: 64.77
  • Directions: 15TH Street TO HOMAN AVE PROPERTY IS ON RIGHT SIDE OF STREET, South side of 1520 S Homan Ave
  • Township: West Chicago
  • CurrentUse: Multi-Family
  • FrontageLength: 25
  • FrontageType: City Street
  • Utilities: Electric Nearby,Gas Nearby,Sanitary Sewer,Water Nearby
  • Zoning: MULTI

Overview

  • Land
  • Property Type

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