$350,000

3255 183rd Street W, Homewood, IL 60430

  • 4 beds |
  • 2 baths |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $318/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Seize this high-visibility 0.8-acre commercial lot, backed by village incentives to reduce development costs. With 132 feet of prime street frontage and flexible B3 zoning, it's ideal for developers or businesses looking to invest in a revitalizing area. Near top-rated schools, shopping, and major highways with Amtrak/Metra access, this lot is ready for your vision. Village promotion and recent developments make now the time to act at this competitive price! Key Features: * High-Visibility Lot: 132 ft x 264 ft with prime street frontage for maximum exposure. * Village Incentives: Financial support and infrastructure assistance to streamline development. * Prime Accessibility: Minutes from highways and Amtrak/Metra for easy connectivity. * Growth Potential: Near top-rated schools and retail, with recent developments boosting appeal. Development Opportunities: * Retail or multi-tenant shopping center ( 5,000 sq ft) * Restaurant, bar, or brewery * Medical/professional office or coworking space * Event venue, gym, or indoor commercial space * Motor vehicle sales/service or EV charging station * Artisan manufacturing or solar energy system * Mixed-use options (village open to residential-commercial variances) Additional Details: * Single-family home on-site: renovate for mixed-use, lease for income, or demolish with potential village assistance. * High disposable income in area supports retail and service businesses. * Agent has ownership interest Requirements: * Proof of Funds or Pre-Qualified Mortgage required. * Buyers without an agent, contact listing agent. With village incentives, recent area growth, and flexible zoning, this lot offers high returns in a community on the rise. Act now to secure this prime investment opportunity Showings by appointment. Buyer to verify zoning and incentives with village.

Listing Status:
Active
Listing Office:
John Bonaguro : 312-428-0663
Listing Agent:
John Bonaguro : 312-428-0663
MLS ID:
12417675
  • Rooms: No additional rooms
  • Basement: UnfinishedFullWalk-Out Access
  • A/C: None
  • Heating: Steam
  • Disability Feature: None

This listing courtesy of John Bonaguro, John Bonaguro

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Homewood-Flossmoor High School

999 Kedzie Ave, Flossmoor, IL, 60422

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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