Listing Agency: Village of Park Forest

Listed By: Sandra Zoellner · License #IL

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:07PM

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Investment Insights

Based on property information with market context.

This development land parcel at 534 Homan Ave has the necessary utilities available at the site. Its position next to the Metra Electric Line commuter stop at 211th Street provides immediate proximity to commuter rail service.

The property offers access within Park Forest and connections to regional roadways. Nearby parcels may be combined with the site to support objectives identified in the adopted Transit Oriented Development Plan.

Key Highlights

• Utilities necessary for development are available at the site
• Adjacent to the Metra Electric Line commuter stop at 211th Street
• Access within Park Forest and to regional connectors and Village roadways

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery Big Box & Wholesale Store Law Firm Skin Care Clinic

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

303

Businesses Nearby

Explore this area Business Placement

Demographics for 60466, IL

21,904

Population

9,103

Households

2.4

Avg Household Size

39

Median Age

26%

College-Educated

91%

High-School Grad

6.3 sq mi

ZIP Area

3,477

Density / Sq Mi

$63,132

Median Household Income

$40,792

Median Earnings

$1,341

Median Rent

$106,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Utilities are available on site, with the property adjoining a Metra Electric Line commuter stop.

Where is this land located?

The property is located at 534 Homan Ave Park Forest, IL.

What are key features of this property?

This property features: Utilities necessary for development are available at the site; Adjacent to the Metra Electric Line commuter stop at 211th Street; Access within Park Forest and to regional connectors and Village roadways