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8 Properties Within 0.5 miles of: 16121 S Cedar, Homer Glen
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16121 S Cedar
Homer Glen, IL 60491

Price

$1,670,000

Taxes
$11,159  
Type
Vacant Land  
Sq. Ft.
n/a  
Lot Size
313' X 1289' X 658' X 1032' X 354' X 320'  
Neighborhood
Homer Glen  
MLS
#10569911
Status
Active (11 months)

Property Description

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.

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Property Details

Utilities

  • Heating Gas, Forced Air
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
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Assessments
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Home Insurance
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Listing History

11-08-2019 Listed at $1,899,900
09-09-2020 Price decreased by $229,900 to $1,670,000
Last Modified 9/29/20 4:42 PM

Nearby Transportation

  • Bus 832 0.3 mi
  • Hwy 355 North 1.6 mi
  • Hwy 355 South 1.8 mi
  • I 80 East 4.9 mi
grid
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