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    Bruce Rd Homer Glen, IL 60491

    Sponsored
    For Sale
    $6,618,000

    Prime 100-acre commercial tract in Homer Glen, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 100-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Homer Glen and New Lenox area of Will County, Illinois. Strategically located at 0 W Bruce Rd, zip code 60491, this property boasts convenient access to major transportation arteries, including I-355, I-55, and I-80, all within a few miles. Its proximity to key amenities further enhances its appeal. The site is minutes away from Silver Cross Hospital, the planned 50-million-dollar New Lenox Sports Complex, and a future Pulte Homes development, ensuring strong potential for future growth and value appreciation. The property's versatility is a significant advantage

    Property Features for 0 Bruce Rd

    General Information

    Property type
    Land
    Lot Size
    4,356,000 SF

    HighLights

    • 100‑acre commercial land parcel in Homer Glen/New Lenox, Will County, IL.
    • Located at 0 W Bruce Rd, 60491, with easy access to I‑355, I‑55, and I‑80.
    • Near Silver Cross Hospital, a planned sports complex, and a new residential development.
    • Highly versatile and offers strong potential for future growth and value appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Homer Glen
    County
    Will
    State
    Illinois
    Longitude
    -87.9822738
    Latitude
    41.5697306

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    FAQs

    What type of property is this?
    Land - Prime 100-acre commercial tract in Homer Glen, IL.
    Where is this land located?
    The property is located at Bruce Rd Homer Glen, IL.
    What is the asking price?
    The asking price for this property is $6,618,000.
    What are key features of this property?
    This property features: 100-acre commercial land parcel in Homer Glen/New Lenox, Will County, IL.; Located at 0 W Bruce Rd, 60491, with easy access to I-355, I-55, and I-80.; Near Silver Cross Hospital, a planned sports complex, and a new residential development.
    (708) 301-4700
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    Bruce Rd 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
    Bruce Rd Homer Glen, IL 60491
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