1518 S Homan Avenue Chicago, IL ^$ 40,000

1518 S Homan Avenue

^$ 40,000

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Recently Listed New Construction

1518 S Homan Avenue

Chicago, IL, 60623

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 250

1518 S Homan Avenue, Chicago, IL 60623 - Image 1

Studio

Lots and Land for sale in Chicago, IL

for $40,000.

vacant lot in a redeveloping pocket of North Lawndale. Ideal for new construction or investment. Motivated seller and open to collaboration on development projects. Drive by and bring your ideas.

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 777

Style

Multi-Family,Single Family

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12529425

Features

General

Utilities Electricity Nearby Natural Gas Nearby Water Nearby

Possession Closing

Township West Chicago

Tax Year 2024

Current Use Multi-Family Single Family

Ownership Fee Simple

County Cook

Property Type Land Land

Status New

Directions Homan Ave south of 16th St to property. Lot is on the west side of the street.

City Chicago

High School District 299

MLS Area CHI - North Lawndale

Tax Annual Amount 777

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Road Surface Type Asphalt

Frontage Length 23 ft

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Exit Strategy Realty

Broker

22BridgetJ@gmail.com

Affordability Calculator

$314

Per Month

Monthly Principal & Interest: $250
Monthly Property Taxes: $65
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$345,301

Percent of Sale Price 763%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2025	$40,000		Listed Price

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1518 S Homan Avenue, Chicago, IL, 60623 is a Lots and Land for sale at $40,000. 1518 S Homan Avenue is a studio with 0.0 baths. The property's zip code is 60623 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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1518 S Homan Avenue

Lots and Land for sale in Chicago, IL

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