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1542 S Homan Avenue, Chicago, IL 60623

Cook County

Key Facts

Description

Solid development site in an up-and-coming corridor. This 25x125 lot offers excellent potential for residential or investment build-out. Seller is motivated and open to discussing collaborative development opportunities. Ideal location with strong future growth.

Property Information

Property Type

Land

Lot Dimensions

0.2146235078

Ownership

Fee Simple

Days on Market

7

MLS® Listing#

12681554

Property Features

Financial Details

Annual Taxes

$777

Tax year 2023

Parcel Number

16232250370000

Directions

Roosevelt Rd to Homan Ave, south to property. Lot is on the west side of the street.

Affordability Calculator

$9,000

Estimated monthly payment

$240/mo

Principal $36,000 · Est. interest $50,223 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Chicago, IL

$388,137
Median Listing Price
47
Median Days on Market
1,429
Median Sq Ft
$276
Median Price / Sq Ft
4,628
Active Listings
  • This home’s price is 88% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.

Location

Map showing the location of 1542 S Homan Avenue, Chicago, IL 60623

Points of Interest in Chicago, IL

Showing the Chicago area map.

Nearby Schools

  • North Lawndale Prep High School

    Secondary · 0.1 mi away

  • Kipp Ascend Primary

    Elementary · 0.1 mi away

  • Howland Charter School

    School · 0.2 mi away

  • Legacy Charter School

    Elementary · 0.2 mi away

  • Chicago Public Schools

    School · 0.3 mi away

  • Chicago Public Schools

    School · 0.3 mi away

  • Lawndale Community Academy

    School · 0.3 mi away

  • St Agatha Catholic Academy

    School · 0.3 mi away

  • Johnson Elementary School

    Elementary · 0.4 mi away

  • Theodore Herzl Elementary School

    Elementary · 0.4 mi away

  • Pope Elementary School

    Elementary · 0.5 mi away

  • Crown Community Academy

    Elementary · 0.5 mi away

  • Learn Charter School

    Elementary · 0.5 mi away

  • Chicago Public Schools

    Elementary · 0.6 mi away

  • North Lawndale College Prep High School

    School · 0.6 mi away

  • Collins Academy High School

    Secondary · 0.6 mi away

  • Saic at Homan Square

    School · 0.7 mi away

  • DRW College Prep

    Secondary School · 0.7 mi away

  • Power House High School

    Secondary · 0.7 mi away

  • Kanoon Elementary Magnet School

    Elementary · 0.7 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Chicago

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Listing Courtesy: House of Real Estate - 2249440225

Based on information submitted to the MLS GRID as of 2026-06-17. 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: 2026-06-17

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by North Shore-Barrington Association of Realtors. MLS® Listing#12681554. © 2026EXIT Realty®. All rights reserved.