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 Type
LandCounty
CookStyle
LandAD ID
47600195
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Property Details
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Property / Lot Details
Lot Information
- Lot Dimensions: 25 X 125
Property Information
- Property Type: Land
- Sub Type: Land
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Listing Information
Listing Price Information
- Original List Price: $49999
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Taxes / Assessments
Tax Information
- Annual Tax: $777.21
- Tax Year: 2023
- Parcel Number: 16232250300000
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School, Utilities &Location Details
Utility Information
- Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby
Location Information
- City: Chicago
- Direction: 15TH Street TO HOMAN AVE PROPERTY IS ON RIGHT SIDE OF STREET, South side of 1520 S Homan Ave
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BuyOwner last updated this listing Sat Nov 16 2024
- MLS: MRD12207232
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Midwest Real Estate Data LLC (MRED)
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Chicago , in zip code 60623, this Cook County Land and are nearby neighborhoods.