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Homewood, IL Land for Sale

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Olympia Fields, IL Hazel Crest, IL Chicago Heights, IL

6 results

Flossmoor Commercial Development Opportunity

$399,900

2.53 Acres

Flossmoor Commercial Development Opportunity

19611 Crawford Avenue, Flossmoor, IL 60422

2.53-acre commercial land parcel in Flossmoor, Illinois.

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.

Updated: Dec 15, 2025

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0.80 AC Shovel-Ready B-3 Development Site

$389,000

0.80 Acres

0.80 AC Shovel-Ready B-3 Development Site

3255 183Rd St, Homewood, IL 60430

0.80 AC Shovel-Ready B-3 Development Site

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.

Updated: May 17

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$690,000

2.00 Acres

Land in Homewood, Illinois

Two acre commercial land parcel in Homewood, Illinois.

19020 Kedzie Avenue, Homewood, IL 60430

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$149,900

0.75 Acres

Residential Lot in Flossmoor, IL

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

1808 Harvard Road, Flossmoor, IL 60422

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Contact for pricing

0.90 Acres

Halsted & Maple Commercial Pad

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

17750 Halsted St, Homewood, IL 60430

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Land Ready for New Build

Unimproved land lot, perfect for building in Homewood, Illinois.

18107 Kedzie Avenue, Homewood, IL 60430

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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.

$275,000

Hazel Crest Multifamily Investment Opportunity

Two multi-unit buildings and a vacant lot for sale.

1307 W 173rd Street, Hazel Crest, IL 60429

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1.63 Acres

Prime Vacant Land For Lease

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

636 Chicago Road, Chicago Heights, IL 60411

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Contact for pricing

Vacant Land on Chicago Road

Vacant land available on Chicago Road in Chicago Heights.

Lot 1 CHICAGO Road, Chicago Heights, IL 60411

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$1,555,000

Land For Sale

Land available for sale.

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

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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.

$499,000

68.30 Acres

68 Acres Tillable Land For Sale

68 acres of tillable land suitable for multiple uses.

Saint Johns, MI 48879

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Homewood, IL Land Investment Opportunities Market Analysis

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

Demographics Overview

Population 30K

Population Growth (5Y) +0.0%

Median Household Income $105,736

College Educated 82.0%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
60430	$345K

Taxes & Financing

Average Loan-to-Value 65.0%

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Homewood, IL Land for Sale

Flossmoor Commercial Development Opportunity

2.53-acre commercial land parcel in Flossmoor, Illinois.