3255 183rd St Homewood, IL 60430
Estimated payment $2,475/month
About This Lot
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
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,500
Lot Details
- Lot Dimensions are 132x264
Schools
- Homewood-Flossmoor High School
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 |
|---|---|---|---|---|
| 2024 | $11,583 | $17,013 | $8,513 | $8,500 |
| 2023 | $10,375 | $29,435 | $20,935 | $8,500 |
| 2022 | $10,375 | $20,680 | $18,318 | $2,362 |
| 2021 | $10,386 | $20,679 | $18,317 | $2,362 |
| 2020 | $10,664 | $22,084 | $18,317 | $3,767 |
| 2019 | $4,106 | $8,138 | $4,361 | $3,777 |
| 2018 | $5,017 | $10,201 | $4,361 | $5,840 |
| 2017 | $4,932 | $10,201 | $4,361 | $5,840 |
| 2016 | $3,840 | $7,692 | $3,489 | $4,203 |
| 2015 | $3,850 | $7,692 | $3,489 | $4,203 |
| 2014 | $2,684 | $13,790 | $3,489 | $10,301 |
| 2013 | $2,519 | $15,116 | $14,828 | $288 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $350,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $53,500 | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12417751
APN: 31-02-201-017-0000
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