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$78,000
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Property Description
Great opportunity for builders and investors. This standard 25x125 lot offers strong redevelopment potential in a neighborhood seeing steady revitalization. Motivated seller is open to creative concepts and project partnerships. Bring your plans and take advantage of this value-priced site.
Full Property Details
Full Property Details for 1556 S Homan Ave
General
- Price: $78,000
- Taxes: $2,541 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12529468
- Updated: 12/14/2025
- Added to Site: 40 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: Roosevelt Rd to Homan Ave, south to property. Lot sits 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.): 6,000
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Frontage Feet: 52 ft
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,541
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16232250420000
Listed by Exit Strategy Realty
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Schools
Schools serving 1556 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 1556 S Homan Ave
Date
Details
Price
Change
Source
12/08/2025
Listed
$78,000
—
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 1556 S Homan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,541
3%
$12,000
—
2022
$2,477
2%
$12,000
—
2021
$2,421
-10%
$12,000
—
2020
$2,682
11%
$12,000
—
2019
$2,419
2%
$12,000
—
2018
$2,378
8%
$12,000
18%
2017
$2,203
8%
$10,200
—
2016
$2,043
9%
$10,200
—
2015
$1,869
-1%
$10,200
—
2014
$1,892
2%
$10,200
—
2013
$1,855
1%
$10,200
—
2012
$1,830
—
$10,200
—
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 1556 S Homan Ave
1556 S Homan Avenue, Chicago, IL 60623 (MLS# 12529468) is a Lots/Land property with a lot size of acres. 1556 S Homan Avenue is currently listed for $78,000 and was received on December 08, 2025. Want to learn more about 1556 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.

