Property profile

12554 159th St Homer Glen, IL 60491

OFF-MARKET
Commercial land
Property ID
US28-2677321
1.61 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

12554 159th St Homer Glen, IL 60491-8378
Homer Glen metro Census 881012 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2024
4 recorded transactions
2024
$1.6M
2024
Price N/A
2016
Price N/A
2011
$417,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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