41.594505 -87.97815

16121 S Cedar Road Homer Glen, IL 60491

255523380 41.594505 -87.97815 129 /listing/255523380-150293405/16121-s-cedar-road-homer-glen-il-60491 False 0 1670000.0 101 10569840 False
  • $1,670,000
  • 17.64 lot
  • Est payment $8964.92/mo

Property & Neighborhood Info

Courtesy Of Charles Rutenberg Realty

Commercial in Homer Glen

MILLION DOLLAR 1 ACRE HOMES AND $450,000 1/2 ACRE HOMES SURROUND this 18 Acres on 3 SIDES. Surrounded by the High-End Subdivision "EVLYN'S GATE" and "NORTH EVLYN'S GATE. This is an ESTATE SALE; +/- 18 Acres, 2 Houses, a Barn & Shed are Included in this deal too. Generates income while developing in a VERY Upscale Residential Area of Homer Glen, Illinois. THIS IS NOT JUST ANOTHER "CORNFIELD IN THE MIDDLE OF NOWHERE." Continue the EASY ONGOING RENTALS for Income (to Cover Expenses), and/or Build More Homes, and/or Subdivide into Separate High-End Residential Lots to Sell Separately. The Property Includes 313 Feet of Frontage on Busy Cedar Road, 2 HOUSES, Each on Approximately an Acre of Land; 16111 Cedar Road (Rent-able) & 16121 Cedar Road, a Shed/Chicken Coop, and a Barn. The 16 Acre Field is Adjacent to 2 Ponds and a Play Park in the Beautiful "Evlyn's Gate" Subdivision. The Brick Ranch Style House is currently Rented on a Month to Month basis, and the Farmhouse and its Mini-Farm can be Rented as Well. The Field is Currently Rented Under a Seasonal 50/50 Sharecropper Agreement. The Street to the East, "Lily Lane" was Constructed to Eventually Flow into This Property's Field in The Developer's Anticipation of Future Residential Development. The Property is on One Pin#. As this is an Estate, the Seller Desires to Sell the Entire Acreage Together. The Property is Presently Zoned A-1 Agricultural and is in UNINCORPORATED HOMER TOWNSHIP. Also, the Small Piece of Land Between the Two Houses to the South is in the process of being Removed From the PIN# and is not Included in This Sale.

Courtesy Of Charles Rutenberg Realty
  1. 17.64 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1968
  • Floors: 2
  • County: Will County
  • Taxes: $11,159.00
  • Tax Year: 2018
  • MLS Number:10569840

Additional Features

  • Cooling:
    • Central Air
  • Approx Age:
    • Older
  • Construction Materials:
    • Brick
    • Wood Frame
  • Current Use:
    • Agricultural
    • Single Family
  • Location:
    • Park Adjacent
    • Water Front
    • Water View
  • Type:
    • Instut/To Develop
  • Property Offered:
    • For Sale Only
  • Electric:
    • Circuit Breakers
  • Heating System:
    • Forced Air
    • Gas
  • Utilities:
    • Electric to Site
    • Gas to Site
    • Sanitary Sewer
    • Septic-Private
    • Water-Nearby
  • Township:
    • Homer
  • Broker Owned:
    • No
  • Net Operating Income:
    • 0
  • Seller Terms:
    • Cash
  • Special Information:
    • Seller's Disclosure
  • Status Detail:
    • Active
  • Tenant Pays:
    • Electricity
    • Heat
  • Board Code:
    • 8
  • Building Area Total:
    • 3193
  • Document Count:
    • 2
  • Frontage Type:
    • City Street
    • County Road
    • Public Road
  • Geographic Area:
    • Southwest Suburban
  • Gross Scheduled Income:
    • 15000
  • Lot Size Acres:
    • 17.64
  • Lot Size Square Feet:
    • 768785
  • Operating Expense:
    • 18800
  • Parcel Number:
    • 1605212000190000
  • Waterfront YN:
    • true
  • Lot Size Dim:
    • 313' X 1289' X 658' X 1032' X 354' X 320'
Neighborhood info courtesy of Homes.com © 2020

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$38,769.95*
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41.594505 -87.97815

16121 S Cedar Road Homer Glen, IL 60491

255523380 41.594505 -87.97815 129 /listing/255523380-150293405/16121-s-cedar-road-homer-glen-il-60491 False 0 1670000.0 101 10569840 False
  • $1,670,000
  • 17.64 lot
  • Est payment $8964.92/mo