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Homewood, IL Land for Sale

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Olympia Fields, IL Hazel Crest, IL Chicago Heights, IL
6 properties
0.80 AC Shovel-Ready B-3 Development Site
Updated: May 17
0.80 AC Shovel-Ready B-3 Development Site

3255 183Rd St, Homewood, IL 60430

$389,000
1 sqft · 0.80 AC lot
Strategic Investment Highlights
Value Drivers & Speed to Market
Zoning Certainty & Speed: 100% "By‑Right" Permitted status for Medical Offices, Clinics, Professional Suites, Restaurants, and Retail. B‑3 Zoning eliminates the need for special‑use hearings, providing a streamlined path for site‑plan approval.
Active TIF District Momentum: Situated within a high‑performance TIF area where the Village has a demonstrated history of partnering with developers. Eligible project costs, including professional fees and site preparation, may be reimbursed.
Site Readiness with Municipal Support: The Village has previously partnered with developments on site improvements. Similar improvements may be eligible for TIF‑supported reimbursement, subject to redevelopment approval.
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Commercial Development Land Parcel
Updated: Dec 15, 2025
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot
Prime 2.53‑acre parcel in Flossmoor, IL, offering significant commercial development potential.
Zoned and designated for Commercial use, suitable for various developments (buyer to verify).
Highly visible and accessible location with strong surrounding residential neighborhoods.
Benefits from steady traffic flow and proximity to established businesses, schools, and commuter routes.
Scarce opportunity due to the size and zoning in Flossmoor.
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Land in Homewood, Illinois
Land in Homewood, Illinois

19020 Kedzie Avenue, Homewood, IL 60430

$690,000
2.00 AC lot

Two acre commercial land parcel in Homewood, Illinois.

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Residential Lot in Flossmoor, IL
Residential Lot in Flossmoor, IL

1808 Harvard Road, Flossmoor, IL 60422

$149,900
0.75 AC lot

0.75-acre lot in an area of high-end homes.

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Halsted & Maple Commercial Pad
Halsted & Maple Commercial Pad

17750 Halsted St, Homewood, IL 60430

Contact for pricing
0.90 AC lot

0.90-acre pad site ideal for drive-thru or retail.

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Unimproved Land Ready for Building
Unimproved Land Ready for Building

18107 Kedzie Avenue, Homewood, IL 60430

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Land suitable for new construction, additional lot available.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 6 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two Multi-Unit Buildings with Vacant Lot
Two Multi-Unit Buildings with Vacant Lot

1307 W 173rd Street, Hazel Crest, IL 60429

$275,000

Package sale of two multi-unit residential buildings plus a vacant lot, with newer roofs and a regularly serviced boiler.

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Prime Vacant Land For Lease
Prime Vacant Land For Lease

636 Chicago Road, Chicago Heights, IL 60411

Contact for pricing
1.63 AC lot

1.63-acre vacant land ideal for retail and commercial uses.

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Land For Sale
Land For Sale

175th and 177th Streets, Hazel Crest, IL 60429

$1,555,000

Land available for sale.

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Vacant Land on Chicago Road
Vacant Land on Chicago Road

Lot 1 CHICAGO Road, Chicago Heights, IL 60411

Contact for pricing

Vacant land available on Chicago Road in Chicago Heights.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale
68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000
68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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Homewood, IL Land Market Trends and Statistics

Explore 6 land for sale in Homewood, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale, with an estimated market value of $389,000.

Sale prices for lots in Homewood, IL start at $389,000, averaging $389,000, and reaching up to $389,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Residential land & home lots 1

Demographics Overview

Population 30K
Population Growth (5Y) +0.0%
Median Household Income $105,736
College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Homewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60430 $359.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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