0 159Th St Homer Glen, IL 60491
This exceptional 5-5.99 acre commercial land parcel presents a remarkable investment opportunity in the thriving Homer Glen, Illinois market. Situated at the highly visible northwest corner of West 159th Street and Parker Road, this property boasts prime frontage on both roadways, offering unparalleled exposure to significant traffic volume. The location benefits from its proximity to the newly expanded four-lane 159th Street, ensuring easy accessibility for customers and employees. Furthermore, its convenient proximity to Interstate 355 provides excellent regional connectivity. This signalized corner lot is ideally suited for a variety of commercial developments, particularly restaurants or similar businesses seeking high visibility and convenient access. Homer Glen's burgeoning residential growth and expanding business community make this a particularly attractive location for long-term investment and development. The property's size and location offer significant potential for substantial returns. The asking price is $3,250,000. Don't miss this chance to capitalize on the growth and potential of this dynamic area. The property is located at 0 NW 159th/Parker St, Homer Glen, IL 60491, in Will County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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