13150 143rd St Homer Glen, IL 60491-7813
Property profile & analytics
13150 143rd St Homer Glen, IL 60491-7813
- Commercial real estate
- 7,306 SF
- 1.80 lot acres
Property ID
US28-2844905
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 13150 143rd St
- Lot size
- 1.80 lot acres
- Property size
- 7,306 SF
- Property type
- Commercial real estate
- APN
- 16-05-02-400-037
- APU
- 160502400037
Description
This exceptional 7,500-square-foot restaurant space, formerly the Purple Onion, presents a unique investment opportunity in the thriving Homer Glen market. Located at 13150 W 143rd St, Homer Glen, IL 60491, this single-tenant property sits on a substantial 78,400-square-foot lot and boasts an impressive 136 parking spaces, ensuring ample convenience for patrons. The property is ideally situated just blocks from major retailers including Meijer, Jewel, Home Depot, and Menards, guaranteeing high visibility and foot traffic. The restaurant is equipped with essential commercial kitchen infrastructure, including a pre-installed hood system, walk-in cooler, and walk-in freezer, significantly reducing start-up costs for prospective operators. A notable feature of the previous tenant's operation was a dedicated gaming room, offering potential for diverse revenue streams. Will County property taxes are $6.40 per square foot. This turnkey restaurant space offers a compelling blend of location, size, and existing infrastructure, making it an attractive proposition for experienced restaurateurs and investors alike. The property's substantial lot size also allows for potential expansion or outdoor seating areas. This is a rare opportunity to acquire a well-positioned restaurant property in a high-demand area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,570,000
- ML approach
- $2,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,850,000
- 6.5%
- $1,705,000
- 7%
- $1,585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,615,000
Market price range: $615k - $2.62M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homer Glen
- County
- Will
- State
- Illinois
- Longitude
- -87.9402
- Latitude
- 41.6294
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,265
$240,853
$369,971
$610,824
-
$722,559
$1,109,913
$1,832,472
