Signalized Corner Commercial
For Sale
$2,640,000
NW 159th/Parker Street, Homer Glen, IL 60491
Land, Homer Glen, IL
Property SizeContact for details
Lot Size5.59 Acres
Days on Market373
Property Features for NW 159th/Parker Street
General Information
Property type
Land
Property subtype
Other
Zoning
AGRIC
Elementary school district
33C
Middle school district
33C
High school district
205
Directions
N/W corner of 159th Street/Parker Rd. Property located at corner of 159th & Parker Rd on North Side of 159th St.
Subdivision
Homer Glen
Standard status
Active
APN
1605154000250000
Lot size
5.59 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
189
Listing Agency:
Coldwell Banker Real Estate Group
(708) 301-4700
Listed By:
Bonnie Willis · License #475157605
(815) 553-2411
Added: Aug 13, 2025
Changed: Aug 19
Last Checked: Aug 20 at 5:06PM
MLS# 12445910
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial land parcel is situated on the northwest corner of W 159th Street and Parker Road. The site is described as having high visibility on a prime signalized corner and offers frontage access on both Parker Road and 159th Street.
Set on a 5.59-acre lot, the location is minutes from I-355 and positioned along the expanded 159th Street 4-lane highway. The property is in Homer Glen, Will County, Illinois, and is zoned AGRIC.
The configuration and street frontage make it suitable for a range of commercial development ideas, including restaurants or similar uses referenced in the remarks.
Set on a 5.59-acre lot, the location is minutes from I-355 and positioned along the expanded 159th Street 4-lane highway. The property is in Homer Glen, Will County, Illinois, and is zoned AGRIC.
The configuration and street frontage make it suitable for a range of commercial development ideas, including restaurants or similar uses referenced in the remarks.
Key Highlights
- 5.59‑acre commercial land parcel at the northwest corner of W 159th Street and Parker Road
- High‑visibility prime signalized corner
- Frontage access on Parker Road and 159th Street
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 60491, IL
22,999
Population
7,846
Households
2.9
Avg Household Size
45
Median Age
38%
College-Educated
92%
High-School Grad
25.6 sq mi
ZIP Area
898
Density / Sq Mi
$132,788
Median Household Income
$60,770
Median Earnings
$1,604
Median Rent
$404,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Zoned AGRIC, this signalized corner site offers frontage access on Parker Road and 159th Street.
Where is this commercial land located?
The property is located at NW 159th/Parker Street Homer Glen, IL.
What is the asking price?
The asking price for this property is $2,640,000.
What are key features of this property?
This property features: 5.59‑acre commercial land parcel at the northwest corner of W 159th Street and Parker Road; High‑visibility prime signalized corner; Frontage access on Parker Road and 159th Street
