16450 Cedar Rd Homer Glen, IL 60491
- Land
- 4.70 lot acres
Current Use by Public Records
- Land
Property Details for 16450 Cedar Rd
- Lot size
- 4.70 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 4.7-acre parcel of agricultural land presents a unique investment opportunity in the thriving community of Homer Glen, Illinois. Located at 16450 S Cedar Rd, this property boasts an impressive 634 feet of frontage on Cedar Road, a major thoroughfare experiencing high daily traffic volume – approximately 5,000 vehicles per day according to the Illinois Department of Transportation (IDOT). The land is zoned A1, allowing for a variety of agricultural uses. While currently lacking direct street access, the property's strategic location offers significant potential for development. Its proximity to farms, schools, and an outdoor event venue adds to its appeal. The asking price for this prime piece of land is $699,000. This represents a compelling opportunity for investors seeking to capitalize on the growth and potential of this desirable area in Will County, Illinois, zip code 60491. The property's size and location make it ideal for various agricultural ventures or future development projects. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homer Glen
- County
- Will
- State
- Illinois
- Longitude
- -87.978
- Latitude
- 41.5898
