11 months on rocket

16121 S Cedar Rd, Homer Glen, IL, 60491

$1,085,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,200 SqFt
$493/SqFt
House
Schools Nearby

Location

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16121 S Cedar Rd, Homer Glen$1,085,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #11793752
Lot Size17.64 Acres
StatusActive

About 16121 S Cedar Rd

17+ acres with 2 residences and 2 barns. There is one ranch home and one 2 story home. Both have basements. One residence is currently rented on a month to month basis. The other house is vacant. ------- Backs into Evlyn's Gate on 2 sides. Approx 1,700 feet of frontage along Evlyn's gate Phase 1 and 2, and 331 feet of frontage on Cedar Rd. A street has been stubbed in that connects the land to Evlyn's Gate. Utilities on the land. ------ Income from land includes share cropping and a house rental. The income may allow the Buyer to cover the land expenses until they are ready to develop or resell. ------- Most of the value is in the land. Owner willing to sell just the land if buyer prefers. ------- Room sizes and SF are estimated. ------ Zoned agricultural.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Expert Realty Services, Inc.
  • Office Phone: (630) 442-4411
  • Listing Agent: Paul Scheufler

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 17.64 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lockport Township High School East, Public District Grades 9-12
  • Homer Jr High School, Public District Grades 7-8
  • Hadley Middle School, Public District Grades 5-6
  • William E Young School, Public District Grades PK-4

Other

Directions Information:

  • Directions: I355 to 159th east to Cedar Rd south to land.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,085,000
  • Price Per SqFt: $493/SqFt

Tax Information:

  • Annual Amount: $11,499
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Homer Glen, IL.

Med. Sold Price

$478.2K

Med. Price/SqFt

$178

Avg. Days On Market

25

# of Sold Homes

17

16121 S Cedar Rd vs Homer Glen

336 DAYS ON ROCKET

+311 Days

$1,085,000

+$606.7K More

$493/SqFt

+$315 More

KEY TAKEAWAY

This property is $606.7K more than the Median Sold Price and $315/SqFt more than other homes in Homer Glen, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11793752

Listing Office:

  • Office Name: Expert Realty Services, Inc.
  • Office Phone: (630) 442-4411
  • Listing Agent: Paul Scheufler

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$11,499$143,801

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,319

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2303232
8
/10
  • William E Young School

  • 16240 S Cedar Rd

  • 0.15 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2303233
7
/10
  • Homer Jr High School

  • 15711 S Bell Rd

  • 2.61 miles

  • Public District Grades 7-8

school-card-donut-2303234
8
/10
  • Hadley Middle School

  • 15731 S Bell Rd

  • 2.69 miles

  • Public District Grades 5-6

High School

school-card-donut-2303235
7
/10
  • Lockport Township High School East

  • 1333 E 7th St

  • 2.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,327. The most common annual income of people living in Homer Glen, IL is between $100k-200k. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16121 S Cedar Rd

What is the listing price of this property?

The listing price of 16121 S Cedar Rd property is $1,085,000.

What type of property is this?

The property 16121 S Cedar Rd is a house located in Homer Glen, Illinois, 60491.

Is this property for sale now?

Active Listing: 16121 S Cedar Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16121 S Cedar Rd are:
William E Young School: GreatSchools Rating 8/10
Homer Jr High School: GreatSchools Rating 7/10
Hadley Middle School: GreatSchools Rating 8/10
Lockport Township High School East: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $11,499 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16121 S Cedar Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16121 S Cedar Rd is 2,200 SqFt (source: MLS/tax record).

Rocket HomesIllinoisWill CountyHomer Glen6049116121 S Cedar Rd

This home is located at 16121 S Cedar Rd in Homer Glen, IL and zip code 60491. This 2,200 square foot home sits on a 17.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 27, 2023 and is currently priced at $1,085,000.

In March 2024 more than 6 listings in Homer Glen, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in Homer Glen, IL between February 2024 and March 2024 increased by 1.6%. In March 2024 median list price was $478,250 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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