NOT LISTED FOR SALE

Estimated Value: $38,000 - $351,000

0.72 Acre
$208,796 Price per Acre
31,363 Sq Ft Lot

Sale Details

Date Sold: February 21, 2025

Last sale price $100

Est. 150,233% increase in value since last sale

Current estimated payment $891 / mo

69 Days on Market

About This Lot

As of February 2025

**Prime Investment Opportunity: Vacant Multi-Family Lot** Seize the chance to own a vacant lot zoned for multi-family use in a rapidly developing area! Located next to the property at **1520 S Homan Ave**, this lot is perfectly positioned for investors or developers looking to capitalize on a unique bundled discount when purchased together with the neighboring building. **Why This Location?** The block and surrounding neighborhood are experiencing a dynamic transformation, with multiple rehab projects and new developments underway. These improvements are revitalizing the area, drawing in new families and investors alike, and establishing a vibrant community filled with promise and growth potential. **Key Benefits:** - **Zoning Advantage:** The multi-family zoning provides excellent flexibility for a variety of residential investment plans, maximizing your returns. - **Bundled Purchase:** Enjoy an exclusive discount when acquiring this lot along with 1520 S Homan Ave, allowing for expanded development options. - **Growing Neighborhood Appeal:** Renovations and enhancements on the same block and in nearby areas are attracting both young families and seasoned investors, paving the way for increased property values and long-term growth. This vacant lot is a blank canvas in a desirable, evolving area - the ideal foundation for a profitable multi-family project or can be used as expanding the yard when purchasing the building next door.

Last Agent to Sell the Property

Antoinetta Adams

AMA Real Estate Services Inc License #471017797 Listed on: 11/09/2024

Last Buyer's Agent

Brittnea Tait

3G Realty Group License #475191670

3G Realty Group

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 25 x 125
  • Property is zoned MULTI

Utilities

  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Lot Info

  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 777.21
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Bought by
Current Estimated Value
$150,333

Purchase Details

Closed on
May 17, 1999
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$4,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $100 -99.8% --
01/17/2025 01/17/25 Pending -- -- --
11/09/2024 11/09/24 For Sale $49,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $777 $4,531 $4,531
2024 $777 $4,531 $4,531
2023 $758 $3,672 $3,672
2022 $758 $3,672 $3,672 $0
2021 $741 $3,671 $3,671 $0
2020 $821 $3,671 $3,671 $0
2019 $740 $3,671 $3,671 $0
2018 $728 $3,671 $3,671 $0
2017 $709 $3,281 $3,281 $0
2016 $657 $3,281 $3,281 $0
2015 $601 $3,281 $3,281 $0
2014 $609 $3,281 $3,281 $0
2013 $597 $3,281 $3,281 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12207232

Midwest Real Estate Data (MRED)

APN: 16-23-225-030-0000

Your Personal Tour Guide

Ask me questions while you tour the home.