Strip Mall

Homer Glen, IL Strip Malls for Sale

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Lockport, IL Orland Park, IL Romeoville, IL Mokena, IL Lemont, IL New Lenox, IL Tinley Park, IL Joliet, IL
Unanchored Neighborhood Retail Strips
Updated: Jul 15
Unanchored Neighborhood Retail Strips

13957-14009 S Bell Rd, Homer Glen, IL 60491

$5,165,000
14,700 sqft
Fee‑simple sale of two unanchored neighborhood retail strips in Homer Glen, IL (Will County)
8‑tenant property built in 2006, currently 100% occupied and stabilized
4.5‑year weighted average lease term with tenant mix including food and medical/necessity retailers
Fixed rent increases between Year One and Year Two that boost the in‑place cap rate by 21 basis points
Visible to just over 17,000 vehicles per day near Bell Road and the signalized intersection of Bell and Glengary
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See what stands out in Will County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Homer Glen, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Strip Center with Laundromat
Strip Center with Laundromat

5547-5561 127th St, Crestwood, IL 60418

$999,000
8,000 sqft

Multi-storefront retail property with commercial laundry equipment and on-site parking.

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Brick Strip Mall with Laundromat
Brick Strip Mall with Laundromat

5547-5561 127th Street, Crestwood, IL 60418

$999,000
0.64 AC lot

Retail property with multiple storefronts, dedicated parking, and central air conditioning.

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Renovated Strip Center with 6 Units
Renovated Strip Center with 6 Units

6421 87th Street, Oak Lawn, IL 60453

$3,300,000
15,810 sqft 1.10 AC lot

Renovated in 2025, this strip center includes 6 fully leased units in a 15,810 SF building.

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Renovated Six-Unit Strip Mall
Renovated Six-Unit Strip Mall

6417 South Ridgeland Avenue, Oak Lawn, IL 60453

$3,300,000

Six fully leased units provide established occupancy across the retail center.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

Nearly two acres at a corner near I-294, I-55, and Route 83.

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Commercial Development Land
Commercial Development Land

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

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Corner Commercial Land
Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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Homer Glen, IL Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Homer Glen, IL on our real estate platform. These investment opportunities span a total of 14,700 square feet of properties for sale, with an estimated market value of $5,165,000.

Sale prices for retail strips in Homer Glen, IL average $5,165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 1

Demographics Overview

Population 59K
Population Growth (5Y) +1.2%
Median Household Income $115,109
College Educated 48.8%

High-Yield Neighborhoods for Investment

Identify Homer Glen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60491 $5.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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