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    16217 S Gougar Rd Homer Glen, IL 60491

    Sponsored
    For Sale
    $998,877

    Land - Homer Glen, IL

    Lot size:
    3.00 Acres
    Days on Market:
    175
    Last Refresh:
    Jan 7 at 12:06 am

    Property Features for 16217 S Gougar Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AGRIC
    APN
    1605201000330000
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Anthony Meier (708) 798-1111 License #471018883

    Listing date Jul 17, 2025

    MLS# 12113976 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Land Near I-355

    This property features 3 acres of land situated at 163rd St & Gougar Rd, offering convenient access to I-355. The site includes a private well. City water, sewer, gas, and electric utilities are located adjacent to the property. The location is in close proximity to a UPS Warehouse and an Amazon Packaging Plant, presenting various possibilities. Historically known as the John Lane Farm, where the first steel plow was invented in 1833, some farm buildings remain on the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homer Glen
    County
    Will
    State
    Illinois
    Longitude
    -88.006027
    Latitude
    41.591816

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    FAQs

    What type of property is this?
    Land - 3 acres of land with utilities and convenient highway access.
    Where is this land located?
    The property is located at 16217 S Gougar Rd Homer Glen, IL.
    What is the asking price?
    The asking price for this property is $998,877.
    What are key features of this property?
    This property features: - 3 acres of prime land with convenient access to I-355.; - City water, sewer, gas, and electric are adjacent to the property.; - Private well on the property.
    (708) 932-9522
    Request Owner's contact information
    16217 S Gougar Rd Homer Glen, IL 60491
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    Homer Glen, IL 60491
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16217 S Gougar Rd Homer Glen, IL 60491
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