$950,000

15532 S Gougar Rd Homer Glen, IL 60491

Estimated payment $6,619/month

Total Views 5,219
8 Acres
$113,501 Price per Acre
364,597 Sq Ft Lot

Highlights

  • Barn
  • Reed Elementary School Rated 9+
  • 8.37 Acre Lot

About This Lot

Vacant Land for Sale-nearly 8.37 acres of potential where you can build your dream home or renovate the existing 3-story executive residence featuring 4 bedrooms and 2.5 bathrooms, all being sold as-is. Located just 660 feet from the Interstate, this property offers 728 feet of commercial frontage along Gougar Rd, making it ideal for potential commercial development or subdivision. With open green spaces, abundant wildlife, and equestrian possibilities, the land offers endless potential. It includes a 6-stall horse barn in the Northwest corner-perfect for a future horse-riding business. Though the barn requires renovation, it provides a unique opportunity for equestrian use. The property is served by an artisan spring water well and is currently zoned agricultural (A-1), allowing for significant flexibility. This land could be rezoned for commercial purposes or divided into smaller lots. Bring your renovation ideas or build your dream home on this beautiful, spacious property. Rehabbers, investors, and builders-don't miss out on this extraordinary opportunity! Listed both as land and as a detached single-family residence. PLEASE NOTE: Do not walk the land without scheduling an appointment.

Listing Agent

Lidia Jarmuz

@properties Christie?s International Real Estate License #471022604 Listed on: 04/23/2025

@properties Christie?s International Real Estate

Co-Listing Agent

Jeremy Jarmuz

@properties Christie?s International Real Estate License #475212247

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,434

Lot Details

  • 8.37 Acre Lot
  • Lot Dimensions are 728x543x87x507x600

Schools

  • Lockport Township High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Residence on Property
  • Barn

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$15,434

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural, Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Commercial, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 728
  • Frontage Type: City Street
  • List Price: 950000
  • OtherStructures: Barn(s), Residence
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 33

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 8.37
  • Lot Dimensions: 728X543X87X507X600
  • Lot Size: 8.0-9.99 Acres
  • Special Assessments: N
  • Land Description: Horses Allowed

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Disabled Vet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $15,434 $225,826 $113,561 $112,265
2022 $15,434 $210,867 $111,472 $99,395
2021 $0 $199,780 $105,611 $94,169
2020 $6,205 $192,429 $101,725 $90,704
2019 $6,205 $185,117 $97,860 $87,257
2018 $0 $180,482 $96,738 $83,744
2017 $0 $175,430 $94,030 $81,400
2016 $0 $169,579 $90,894 $78,685
2015 $12,391 $163,213 $87,482 $75,731
2014 $12,391 $159,840 $85,674 $74,166
2013 $12,391 $159,840 $85,674 $74,166
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $950,000 0.0% --
04/23/2025 04/23/25 For Sale $950,000 -- $218 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Mortgage History

Date Status Loan Amount Loan Type
Closed $525,000 Unknown
Closed $435,000 Fannie Mae Freddie Mac
Closed $66,774 Unknown
Closed $232,500 Unknown
Closed $100,000 Credit Line Revolving
Closed $235,000 Unknown
Closed $30,000 Stand Alone Second
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12346266

Midwest Real Estate Data (MRED)

APN: 05-18-400-018