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Property profile & analytics
OFF-MARKET
Land

14549 159Th St Homer Glen, IL 60491

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel presents a unique development opportunity in the thriving Homer Glen, Illinois market. Located at 14549 W 159th St, this property offers approximately 4-4.99 acres of land, boasting high visibility and significant traffic counts, making it ideal for a variety of commercial ventures. Its elevated position provides a distinct advantage, ensuring excellent prominence. The site benefits from readily available utilities, including water, sewer, gas, and electric connections, simplifying the development process. Strategically situated minutes from I-355, this location ensures easy accessibility for customers and employees. The property's proximity to numerous residential subdivisions provides a substantial built-in customer base, creating a strong foundation for business success. This prime location offers unparalleled potential for commercial growth. Furthermore, there's a possibility of acquiring an additional 4+ acres of adjacent land, providing potential for expanded frontage and development options. The asking price for this exceptional property is $2,600,000. This is a rare opportunity to secure a highly desirable commercial site in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with excellent visibility and accessibility. The zip code is 60491, and the property is located in Will County.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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