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    745 W 172Nd St South Holland, IL 60473

    For Sale
    $995,000

    1.26 acre commercial land near I-294 and Halsted St.

    Property size:
    3,725 SF
    Lot size:
    0.74 Acres

    Property Features for 745 W 172Nd St

    General Information

    Size
    3,725 SF
    Lot size
    0.74 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This 1.26 +/- acre commercial land opportunity is located in South Holland, Illinois, near the intersection of I-294 and Halsted St. The site is situated in a bustling commercial corridor that spans Harvey, South Holland, and Hazel Crest. Halsted Street experiences a high traffic count of 20,600 vehicles per day. The site is located amidst numerous hotel developments, and a new QuikTrip convenience store will be built on the lot immediately to the North. The area is already home to big box retailers, and the recently constructed Wind Creek Chicago Southland Casino and Hotel adds to the dynamic landscape. The property size is 3,725 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maxwell Street Grill Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Holland
    County
    Cook
    State
    Illinois
    Longitude
    -87.6354704
    Latitude
    41.5819795

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    FAQs

    What type of property is this?
    Commercial land - 1.26 acre commercial land near I-294 and Halsted St.
    Where is this commercial land located?
    The property is located at 745 W 172Nd St South Holland, IL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 1.26 +/- acre commercial land site.; - Prime location near the intersection of I-294 and Halsted St.; - High traffic count of 20,600 VPD on Halsted Street.
    (224) 523-9174
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    745 W 172Nd St South Holland, IL 60473
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    South Holland, IL 60473
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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
    745 W 172Nd St South Holland, IL 60473
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