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$45,000
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Property 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.
Full Property Details
Full Property Details for 1542 S Homan Ave
General
- Price: $45,000
- Taxes: $777 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12529442
- Updated: 12/14/2025
- Added to Site: 41 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: Roosevelt Rd to Homan Ave, south to property. Lot is on the west side of the street.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Multi-Family, Single Family
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .2146
- Frontage: City Street
- Frontage Feet: 22 FT
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $777
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16232250370000
Listed by Exit Strategy Realty
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Schools
Schools serving 1542 S Homan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Johnson Elementary School, Chicago, IL 1420 South Albany Avenue, Chicago, IL 60623 | PK-8 | 0.4 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1542 S Homan Ave
Date
Details
Price
Change
Source
12/08/2025
Listed
$45,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1542 S Homan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$777
3%
$3,671
—
2022
$758
2%
$3,671
—
2021
$741
-10%
$3,671
—
2020
$820
11%
$3,671
—
2019
$740
2%
$3,671
—
2018
$728
3%
$3,671
12%
2017
$709
8%
$3,281
—
2016
$657
9%
$3,281
—
2015
$601
4%
$3,281
5%
2014
$580
2%
$3,125
—
2013
$568
1%
$3,125
—
2012
$561
—
$3,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1542 S Homan Ave
1542 S Homan Avenue, Chicago, IL 60623 (MLS# 12529442) is a Lots/Land property with a lot size of acres. 1542 S Homan Avenue is currently listed for $45,000 and was received on December 08, 2025. Want to learn more about 1542 S Homan Avenue? Do you have questions about finding other Lots/Land real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

