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Property profile

0 Neq Of Bell Rd Homer Glen, IL 60491

OFF-MARKET
Land
23,087 SF 0.53 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents 52 fully improved townhome sites situated on a 0.53-acre lot in Homer Glen, Illinois. The property, identified by APN 16-05-01-304, boasts a total square footage of 23,087 and is zoned R-6 Multifamily Residential District, allowing for immediate development or continued operation. Its strategic location within the Bell Road commercial corridor provides convenient access to a wealth of shopping, dining, and entertainment options. High traffic counts, averaging 15,400 vehicles daily on South Bell Road and 13,700 vehicles daily on 143rd Street, ensure high visibility and accessibility. The property's annual taxes are $348.52. This is a remarkable chance to acquire a well-positioned multifamily land parcel in a thriving community. The asking price is subject to offer. Detailed information is available upon request. This property is a prime investment opportunity for those seeking a high-return multifamily development in a desirable location. The existing infrastructure and zoning make this a turnkey project with significant potential for growth and profitability. Don't miss this chance to own a piece of Homer Glen's vibrant commercial landscape.

Property profile

Verified
Property type Land
Total area 23,087 SF
Lot 0.53 ac (23,087 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Neq Of Bell Rd Homer Glen, IL 60491
Homer Glen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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