15532 S Gougar Rd Homer Glen, IL 60491
Estimated payment $6,261/month
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
@properties Christie?s International Real Estate License #471022604 Listed on: 06/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,434
Lot Details
- 8.37 Acre Lot
- Lot Dimensions are 728x543x87x507x600
- Property is zoned AGRIC
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $899,000 | -- | $207 / Sq Ft |
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: Midwest Real Estate Data (MRED)
MLS Number: 12403877
APN: 16-05-18-400-018
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