17958-A Cedar Rd Homer Glen, IL 60491
This exceptional 15-acre commercial land parcel in Homer Glen, Illinois, presents a compelling investment opportunity. Located at 17958-A S Cedar Rd, 60491, this strategically positioned property boasts high visibility and convenient access to key areas. Its prime location near Silver Cross Hospital, New Lenox, Homer Glen, and Mokena ensures significant traffic flow, with over 12,000 vehicles passing daily. The property offers approximately 489 feet of frontage, maximizing exposure and development potential. Currently unincorporated, this land is situated just south of Hadley Valley Forest Preserve and is only one mile from I-355, providing excellent accessibility. The site is bordered by the corporate limits of New Lenox, offering further development advantages. Additional nearby acreage is available for larger-scale projects. This 15-acre parcel is zoned for future development, making it ideal for a variety of commercial ventures. The asking price is $831,050. Don't miss this chance to acquire a highly desirable commercial property in the thriving southwest suburbs of Chicago.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.