534 Homan Ave - Commercial LAND FOR SALE


Park Forest, IL 60466 190,357 SF
$467,590 USD
708-921-5118
534 Homan Ave, Park Forest, IL for Sale
$467,590 USD
Commercial LAND - FOR SALE
1/1
190,357 SF

534 Homan Ave
Park Forest, IL 60466


HIGHLIGHTS

  • Strong average daily traffic for commercial development
  • Adjacent to 211th Street Metra Commuter Station

OVERVIEW

Owner is the municipality. Prime development site adjacent to Metra Commuter line with 700 daily riders from this location. Service to Millennium Station, Chicago. Access to I-57 is 2.25 miles west via US Hwy 30. The property is adjacent to the raised Metra Station Platform, providing easy access to downtown Chicago and locations in between. The stop is 211th Street Station on the Metra Electric Line with termini in University Park and Millennium Station, Chicago. Pace Suburban Bus maintains a covered bus stop with service via Route 362. The principal access road from the west, north and east is the intersection of Indiana Street and Lincoln Hwy. Access from the south is possible via Homan Avenue. Sales price adjustment based on development commitment (consistency with desired plan and vision for Transit Oriented Development and quality of the construction). Potential for Cook County Class 8 Economic Development Incentive for commercial projects. Enterprise Zone benefits for residential and commercial projects.

FOR SALE DETAILS

PRICE

$467,590 USD

PRICE/ACRE

$107,000/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3290 Lincoln Hwy

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Hospitality, Apartment Units, Fast Food, Health Care, Restaurant, Storefront, Storefront Retail/Office

LAND ACRES

4.37 AC

LAND SF

190,357 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable

ZONING

R-1 and C-2

APN/PARCEL ID

31-23-412-038-0000

ASK ABOUT THIS PROPERTY

Sandra ZoellnerVillage of Park ForestMore Info
708-921-5118

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Sandra ZoellnerVillage of Park ForestMore Info
708-921-5118

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.