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M1-2 Zoned Industrial Land
For Sale
$280,000

5009-15 S Homan Avenue, Chicago, IL 60632

The parcel combines M1-2 zoning with access to major transportation corridors.

Property SizeContact for details
Days on Market205

Property Features for 5009-15 S Homan Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,177

Building Details

Year Built 1985
Listing Agency: Baird & Warner
Listed By: Maryann Marovic · License #475161843
Source: Midwestrealestate
Added: Jan 27 Changed: Aug 14 Last Checked: Aug 20 at 2:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner

Investment Insights

Based on property information with market context.

This industrial land offering consists of a 100' x 125' parcel at 5009-15 S Homan Avenue in Chicago. The property carries M1-2 zoning, with industrial, commercial, and redevelopment uses identified for buyer verification.

The site is located in Chicago's Gage Park neighborhood on the South Side, within an industrial corridor and near major transportation routes. Its rectangular footprint provides a defined basis for evaluating future commercial or industrial development plans.

Key Highlights

  • 100' x 125' lot at 5009‑15 S Homan Avenue, Chicago, IL 60632
  • M1‑2 zoning identified for industrial, commercial, or redevelopment uses
  • Located in Chicago's Gage Park neighborhood

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - The parcel combines M1-2 zoning with access to major transportation corridors.
Where is this industrial land located?
The property is located at 5009-15 S Homan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 100' x 125' lot at 5009‑15 S Homan Avenue, Chicago, IL 60632; M1‑2 zoning identified for industrial, commercial, or redevelopment uses; Located in Chicago's Gage Park neighborhood
More about this property
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