12554 159Th StHomer Glen, IL 60491

Property Details for 12554 159Th St

Lot size

1.61 AC

Property type

Commercial land

APN

16-05-13-301-007

APU

160513301007

Description

This exceptional investment opportunity presents a two-unit Jiffy Lube portfolio ideally situated in Homer Glen and West Chicago, Illinois. Both locations boast long-term, 100% occupancy with the Homer Glen unit built in 1997 and the West Chicago unit in 2005. The combined portfolio encompasses 5,389 square feet across two buildings, situated on a total of 2.21 acres of land. The asking price is $3,250,000, translating to $603.08 per square foot. These strategically located properties benefit from strong demographics, with over 110,000 residents within a five-mile radius of Homer Glen and over 137,000 residents within a five-mile radius of West Chicago. Homer Glen's location offers an average annual household income exceeding $164,659 within a one-mile radius and $138,355 within a five-mile radius. The West Chicago location enjoys a high-traffic position along North Avenue and near Neltnor Boulevard, with combined traffic counts exceeding 64,500 vehicles daily. Both locations are approximately 32-33 miles from downtown Chicago, providing convenient access to a major metropolitan area. This owner-user investment presents a rare opportunity to acquire a well-established, high-performing portfolio in a thriving market. The properties are individually located at 12554 W 159th St, Homer Glen, IL 60491 and 137 North Ave, West Chicago, IL 60185.

• Alternative Use

  Use

  Valuation

  Residential

  $24,494,398

  Hospitality

  $22,436,738

  Educational

  $18,667,102

  Medical

  $19,309,092

  Retail

  $29,037,714

Location Insight

City

Homer Glen

County

Will

State

Illinois

Latitude

41.6013

Longitude

-87.9247

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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