16121 South Cedar Road, Homer Glen, IL 60491
sale
$1,899,900
|
Other
Courtesy Of Charles Rutenberg Realty
+/- 18 Acres, ESTATE SALE, PRICED WAY UNDER-VALUE, TO SELL QUICKLY. GENERATES INCOME TOO. THIS IS NOT JUST ANOTHER "FIELD IN THE MIDDLE OF NOWHERE." In a High-End Residential Area of Homer Glen, IL. SURROUNDED on 3 SIDES by the "Expensive Homes" of the Beautiful Subdivision "EVLYN'S GATE" and "NORTH EVLYN'S GATE". Great Investment... Continue the EASY ONGOING RENTALS for Income (to More Than Cover Taxes), and/or Build Homes, and/or Subdivide into Separate High-End Residential Lots... This is a "TRUE MONEY-MAKING PLACE TO PARK SOME OF YOUR ASSETS IN REAL ESTATE. The Property Includes 313 Feet of Frontage on Busy Cedar Road. The Land is Adjacent to 2 Ponds and a Play Park. The Street to the East, "Lily Lane" was Constructed to Eventually Flow into This Property's Cornfield in The Anticipation of Future Residential Development. The Property is Presently Zoned A-1 Agricultural and is in UNINCORPORATED HOMER TOWNSHIP. The Property Includes 2 HOUSES, 16111 Cedar Road (Rentable) & 16121 Cedar Road (Rented, month-month), a Shed/Chicken Coop and a Barn. The Brick Ranch Style House is currently Rented on a Month to Month basis, and the Farmhouse and It's Mini-Farm can be Rented as Well. The Field is Currently Rented Under a Seasonal 50/50 Sharecropper Agreement. The Property Presently is on One Pin#. At this Very Attractive Price, the Seller Desires to Sell the Entire +/-18 Acres Together. Also, the Small Piece of Land Between the Two Houses to the South Will be Removed From the PIN# and Can Not be Included in This Sale.
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Property Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Architecture Style: Other
- Cooling System: Central A/C
- Floors: 2.0
- Heating Fuel: Natural Gas
- Heating System: Forced Air
- MLSID: 10569840
- Roof Type: Unknown
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