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$85,000
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Property Description
West Pilsen Opportunity! RT4 Zoning! Bring your vision to this vacant property in the rapidly evolving West Pilsen corridor! Just minutes from Pilsen's vibrant restaurants and nightlife, the West Loop, and Downtown Chicago, with quick access to the I-55 corridor and walking distance to bustling 26th Street. This property is a true blank canvas - ideal for developers, investors, or owner-occupants looking to customize their next project. Owner has plans available, or bring your own design and finish to make it your own. All showings require a pre-approval letter or proof of funds. This is a Fire Damaged Property. Listing agent must be present for all showings due to potential on-site hazards. Property is being sold as-is. Don't miss this rare chance to capture a West Pilsen asset with plans in hand, surrounded by strong neighborhood momentum and easy access to everything Chicago has to offer. Can be offered as a portfolio sale with 3122 W 25th St.
Full Property Details
Full Property Details for 2518 S Homan Ave
General
- Sold For: $85,000
- Taxes: $1,793 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12522256
- Added to Site: 52 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Lawndale
- County: Cook
- Driving Directions: West on 26th and North on Homan
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric
Utilities
- Water: Public
Structural Information
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Basement Desc.: None
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 24
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $1,793
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16262270310000
Listed by Kale Realty
Sold by HomeSmart Connect LLC
Get Pre-Approved Today
Schools
Schools serving 2518 S Homan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cardenas Elementary School 2345 South Millard Avenue, Chicago, IL 60623 | PK-3 | 0.3 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.3 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 2518 S Homan Ave
Date
Details
Price
Change
Source
1/05/2026
Sold
$85,000
-14.14%
MLS
11/21/2025
Listed
$99,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2518 S Homan Avenue, Chicago, IL 60623 (MLS# 12522256) is a Multi-Family property that was sold at $85,000 on January 05, 2026. Want to learn more about 2518 S Homan Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

