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    Property profile & analytics
    OFF-MARKET
    Commercial land

    12554 159th St, Homer Glen, IL 60491-8378

    1.61 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2677321
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a two-unit Jiffy Lube portfolio ideally situated in Homer Glen and West Chicago, Illinois. Both locations boast long-term, 100% occupancy with the Homer Glen unit built in 1997 and the West Chicago unit in 2005. The combined portfolio encompasses 5,389 square feet across two buildings, situated on a total of 2.21 acres of land. The asking price is $3,250,000, translating to $603.08 per square foot. These strategically located properties benefit from strong demographics, with over 110,000 residents within a five-mile radius of Homer Glen and over 137,000 residents within a five-mile radius of West Chicago. Homer Glen's location offers an average annual household income exceeding $164,659 within a one-mile radius and $138,355 within a five-mile radius. The West Chicago location enjoys a high-traffic position along North Avenue and near Neltnor Boulevard, with combined traffic counts exceeding 64,500 vehicles daily. Both locations are approximately 32-33 miles from downtown Chicago, providing convenient access to a major metropolitan area. This owner-user investment presents a rare opportunity to acquire a well-established, high-performing portfolio in a thriving market. The properties are individually located at 12554 W 159th St, Homer Glen, IL 60491 and 137 North Ave, West Chicago, IL 60185.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.61 ac (70,132 SF)
    APN 16-05-13-301-007
    UPID US28-2677321
    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
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jl Homer Glen 2062 LLC · 1 yrs held
    Jl Homer Glen 2062 LLC
    since 2024
    4 recorded transactions
    2024
    $1.6M
    2024
    2016
    2011
    $417,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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