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Property profile & analytics
FOR SALE
Commercial real estate

14604 W Bruce Rd Homer Glen, IL 60491

83.19 ac lot
Property ID
US28-2064592
Property summary
AI-generated overview

This exceptional 83.19-acre parcel, located at 14604 W Bruce Rd in Homer Glen, Illinois (zip code 60491), presents a unique investment opportunity. Currently zoned A1, this property offers significant potential for diverse development. The seller is open to dividing the land into reasonably sized parcels to suit various projects. Potential uses include residential, commercial, RV park, landscaping, recreational facilities, or equestrian uses, offering ample space for creative development. Its strategic location near the intersection of I-355, I-80, and I-55 provides easy access to major transportation arteries. Furthermore, the property's proximity to a hospital and a newly constructed, multi-million dollar sports complex in New Lenox adds to its appeal. The possibility of acquiring additional acreage is also available upon request. This property is situated in Will County and presents a rare chance to acquire a substantial land holding in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 83.19 ac (3,623,756 SF)
UPID US28-2064592
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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