Sold for $100 on 2/21/25
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
— |
— |
|
— |
0 |
$777 |
174 days |
**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
1522 S Homan Ave. is a lot/land home, and is located in Chicago, IL, in the North Lawndale neighborhood. It has 0 bedrooms and — bathrooms, and has annual property taxes of $777.
Marco Amidei
(888) 32-Marco (847) 630-4886
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