Property profile

14325 S Bell Rd S Homer Glen, IL 60491

FOR SALE
Commercial land
Property ID
US28-0060847
1.59 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.32-acre commercial land parcel, located at 14325 S Bell Road in Homer Glen, Illinois (zip code 60491), presents a remarkable development opportunity. Situated at the southeast corner of 143rd and Bell Road, this +/- 57,420 square foot lot boasts approximately 198 feet of frontage along Bell Road and dimensions of roughly 290 feet by 198 feet. The property's strategic location within Homer Glen's central business and shopping district ensures high visibility and accessibility. Nearby establishments include Jewel Food Store, Home Depot, Menards, and numerous national and regional businesses, including a BMO Harris Bank. The area benefits from high traffic counts and a densely populated residential area. Low Will County taxes further enhance the investment appeal. This site is ideal for various commercial developments and is available for sale or ground lease at an asking price of $1,350,000, with a land value of $23.51 per square foot. The property is conveniently located near Silver Cross Hospital, adding to its desirability.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.59 ac (69,260 SF)
APN 16-05-12-100-025
UPID US28-0060847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14325 S Bell Rd S Homer Glen, IL 60491
Homer Glen metro Census 881011 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k

Owner & transaction history

since 2023
Last sale
$750,000
2 recorded transactions
2023
Price N/A
2004
$750,000

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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More about this property
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