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    175th St Hazel Crest, IL 60429

    Sponsored
    For Sale
    $1,555,000

    Prime 18-acre commercial lot in Hazel Crest, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 18-acre commercial land parcel presents a unique investment opportunity in the thriving Hazel Crest, Illinois market. Located at the intersection of 175th and 177th Streets, this property boasts significant frontage and convenient access to major transportation arteries. Its R-1 zoning, which permits commercial uses, opens the door to a wide range of development possibilities. The site's proximity to I-294, I-80, and I-57 ensures excellent connectivity and accessibility for businesses and residents alike. Potential uses are diverse and include residential, warehouse, industrial, retail, office, medical, senior housing, and entertainment facilities. This is the largest available parcel in Hazel Crest, making it an ideal location for a significant development project. The property's size and strategic location offer substantial potential for long-term growth and return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The Cook County location and 60429 zip code further enhance its appeal. This is a rare chance to acquire a substantial land holding in a rapidly developing area.

    Property Features for 175th St

    General Information

    Property type
    Land
    Lot Size
    784,080 SF

    HighLights

    • 18‑acre commercial land parcel, largest available in Hazel Crest.
    • R‑1 zoning allows for commercial development.
    • Prime location at 175th and 177th Streets with excellent street frontage and access.
    • Minutes from I‑294, I‑80, and I‑57.
    • Suitable for various uses including residential, warehouse, industrial, retail, office, medical, senior housing, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hazel Crest
    County
    Cook
    State
    Illinois
    Longitude
    -87.6990934
    Latitude
    41.5680787

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    FAQs

    What type of property is this?
    Land - Prime 18-acre commercial lot in Hazel Crest, IL.
    Where is this land located?
    The property is located at 175th St Hazel Crest, IL.
    What is the asking price?
    The asking price for this property is $1,555,000.
    What are key features of this property?
    This property features: 18-acre commercial land parcel, largest available in Hazel Crest.; R-1 zoning allows for commercial development.; Prime location at 175th and 177th Streets with excellent street frontage and access.
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    175th St Hazel Crest, IL 60429
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    Hazel Crest, IL 60429
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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
    175th St Hazel Crest, IL 60429
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