Will County Commercial Lot - For Sale

Twin Lakes Dr & 159th St Homer Glen, IL 60491

 Twin Lakes Dr & 159th St, Homer Glen, IL, 60491
 Twin Lakes Dr & 159th St, Homer Glen, IL, 60491  Twin Lakes Dr & 159th St, Homer Glen, IL, 60491
FOR SALE
Property Type:
Other Land
Amount:
$799,900
Last Verified:
Apr 15, 2024

Highlights

  • 1.47 acre corner commercial lot with frontage on 159th St
  • Great location for commercial development in highly sought after Homer Glen area
  • Mobil gas station across Twin Lakes Dr to the east and ACE Hardware located across 159th to the south
  • Possible ability to split into two separate lots
  • Low Will County taxes

Description

Corner commercial lot in Homer Glen for sale.

Homer Glen, IL

Lot Size: 1.47 acres


Documents

Sale Brochure (New)

Map of Twin Lakes Dr & 159th St, Homer Glen, IL, 60491

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.