15922 - 16012 S Gougar Rd, Homer Glen, IL for sale

Investment Overview

Rare 6.39± acre development assemblage at the southeast corner of the I-355/159th Street interchange. Offering exceptional interstate visibility and immediate access to I-355, the property is positioned within Lockport's I-355 Corridor planning area and provides flexibility for a variety of commercial redevelopment concepts. Consistent with the city’s I-355 Corridor Master plan, the City of Lockport has expressed interest in quality commercial development capable of generating employment and economic activity, including retail as well as certain flex, showroom, service-commercial and warehouse concepts incorporating appropriate employment and sales-tax-producing components. Three parcels are presently located in unincorporated Homer Glen and are positioned for potential annexation into Lockport. One parcel is already within the City of Lockport. Nearby residential and commercial growth, established national retailers and the property's interstate access create an opportunity for users seeking a highly visible southwest suburban location.

Investment Highlights

• 6.39± Acres at the I-355 / 159th Street Interchange
• Highly Visible Development Site
• Excellent Regional Access
• Potential Retail, Flex, Showroom & Service-Commercial Uses
• City has expressed openness Receptive to Employment and Sales-Tax-Generating Development
• Surrounded by Expanding Residential & Retail Development
• One Parcel Already Annexed into Lockport
• Three Additional Parcels Positioned for Future Annexation