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5009-15 S Homan Ave
Land
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$280,000

5009-15 S Homan Ave, Chicago

76% below median
0 bd·0 ba·0 sqft
Gage Park

5009-15 S Homan Ave, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $280,000 in the Gage Park neighborhood.

About this home

Rare opportunity in Chicago's Gage Park neighborhood. Expansive 100' x 125' lot located in highly desirable M1-2 zoning, offering flexibility for a wide range of industrial, commercial, or redevelopment uses (buyer to verify). Excellent footprint with strong street presence and convenient access to major transportation corridors. Ideal for owner-users, investors, or developers seeking a versatile site in a growing South Side industrial corridor.

Property details

Price
$280,000
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
88
Est. property tax
$5,824/yr · $485/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($56,000)
Interest rate6.75%
Principal & Interest$1,453
Property Tax$257
Insurance$150
Total$1,860/mo

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Price history

$308K$141K$-26K$2K on Oct 24 (Initial list)$280K on Nov 24 (Initial list)$280K on Dec 24 (Initial list)$275K on Jan 25 (Price change)$270K on Feb 25 (Price change)$270K on Mar 25 (Initial list)$270K on Aug 25 (Initial list)$280K on Jan 26 (Initial list)
$2K · Oct 24$280K · Jan 26
  1. Jan 27, 2026$280,000Initial list price
  2. Aug 17, 2025$270,000Initial list price
  3. Mar 25, 2025$270,000Initial list price
  4. Feb 8, 2025$270,000Price change
  5. Jan 10, 2025$275,000Price change
  6. Dec 5, 2024$280,000Initial list price
  7. Nov 12, 2024$280,000Initial list price
  8. Oct 1, 2024$2,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 5009-15 S Homan Ave, Chicago
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Home Intelligence

Neighborhood (zip 60632)

Median age is 33.1; 9% hold a bachelor's degree; 56% of homes are owner-occupied; median household income is $53,966.

Median income
$53,966
Median age
33.1
Owner-occupied
55.9%
Bachelor's degree
9.2%
Census median home value
$226,200

Source: US Census Bureau American Community Survey 5-year estimates.

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