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Chicago Commercial Lot For Sale
For Sale
$280,000

5009-15 S Homan Avenue, Chicago, IL 60632

COMMERCIAL - Chicago, IL

Lot Size0.29 Acres
Days on Market184

Property Features for 5009-15 S Homan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions KEDZIE TO 51ST ST. WEST TO HOMAN TO PROPERTY
Subdivision CHI - Gage Park
Standard status Active
APN 19112040050000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7177

Utilities

Cooling system Zoned

Building Details

Year built 1985
Listing Agency: Baird & Warner
Listed By: Maryann Marovic · License #475161843
Added: Jan 27 Changed: May 13 Last Checked: Jul 30 at 3:06PM
MLS# 12555904

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents a rare opportunity in Chicago's Gage Park neighborhood. It features an expansive lot measuring 100' x 125', situated within the highly desirable M1-2 zoning district. This zoning provides flexibility for a wide array of industrial, commercial, or redevelopment uses; however, buyers should independently verify permitted uses. The site offers an excellent footprint with a strong street presence and convenient access to major transportation corridors. Encompassing 0.2858 acres, this property is suitable for owner-users, investors, or developers seeking a versatile site within a growing South Side industrial corridor. The property is located at 5009-15 S Homan Avenue, Chicago, IL 60632.

Key Highlights

  • Expansive 100' x 125' lot size.
  • Highly desirable M1‑2 zoning allows for diverse uses.
  • Excellent footprint with strong street presence.

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?
Commercial land - Versatile commercial lot in Chicago's Gage Park neighborhood.
Where is this commercial 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: Expansive 100' x 125' lot size.; Highly desirable M1‑2 zoning allows for diverse uses.; Excellent footprint with strong street presence.
More about this property
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