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Est. payment /mo
0.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12798460
Annual Tax Amount $1,250
Tax Year 2025
Lot Size 0.880 Acres
Lot Dimensions 123X310
Property Sub-Type Land
Property Description
CORNER LOCATION FOR GROUND LEASE - BUILD-TO-SUIT CONSIDERED! Position your business at Oak Street and 143rd Street in Homer Glen. This approximately 0.88-acre corner parcel features approximately 123 feet of frontage along 143rd Street and 309 feet of depth, offering street exposure and flexibility for a customized development. Ownership also controls the adjoining property, creating opportunities to negotiate additional frontage, a modified site configuration, and connected shared parking. Bring your vision for a coffee concept, retail storefront, professional service, or other potential commercial use, subject to zoning and approvals. Flexible ownership welcomes qualified tenants seeking a long-term ground lease or a separately negotiated build-to-suit arrangement. ASKING GROUND RENT: $6,250 PER MONTH ($75,000 ANNUALLY), plus real estate taxes and applicable expenses. Land only; build-to-suit pricing negotiated separately. Conceptual renderings illustrate potential development.
Location
State IL
County Will
Area Homer Glen
Zoning COMMR
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
Building
Dwelling Type Land
Schools
High Schools Lockport Township High School
School District 92 , 92, 205
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Chris Fischer of Crosstown Realtors, Inc.
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Crosstown Realtors
Owner License ID: 471019341