12554 159th St Homer Glen, IL 60491-8378
- Commercial land
- 1.61 lot acres
Current Use by Public Records
- Commercial land
Property Details for 12554 159th St
- Lot size
- 1.61 lot acres
- Property type
- Commercial land
- APN
- 16-05-13-301-007
- APU
- 160513301007
Description
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.
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
- -87.9247
- Latitude
- 41.6013
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
