$350,000

3255 183rd St Homewood, IL 60430

Estimated payment $2,481/month

Total Views 1,517
4 Beds
1.5 Baths
1,100 Sq Ft
$318 Price per Sq Ft

Highlights

  • Living Room
  • Laundry Room
  • Heating System Uses Steam
  • Homewood-Flossmoor High School Rated A-
  • Dining Room
  • Family Room

About This Home

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 Agent

John Bonaguro

John Bonaguro License #471004277 Listed on: 07/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 132x264

Parking

  • 9 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Homewood-Flossmoor High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1938
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1064
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 350000
  • Waterfront: No

Garage/Parking

  • ParkingTotal: 9

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Steam
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Homewood-Flossmoor High School
  • Middle/Junior School District: 161

Lot Info

  • Lot Dimensions: 132X264
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6500
  • Tax Year: 2023

Map

Range of Values:

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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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $350,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $53,500 None Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12417675

Midwest Real Estate Data (MRED)

APN: 31-02-201-017-0000