Prime Vacant Land with Commercial and Residential Potential - Exceptional opportunity to own versatile vacant land offering outstanding commercial development potential while also perfectly suited for a custom residential build. Ideally positioned in a high-visibility and growing area, this property provides excellent accessibility, making it an attractive option for retail, office, mixed-use, or investment development, subject to local zoning and approvals. This parcel features ample space and flexibility for a variety of uses, whether you're an investor, developer, or buyer looking to build a custom home with future commercial upside. Its strategic location near established businesses, residential neighborhoods, and major roadways enhances both its current value and long-term appreciation potential. Utilities are nearby (verify with local providers), and the level topography allows for easier planning and development. With increasing demand for both residential and commercial property in the area, this land represents a rare opportunity to secure a high-growth investment property. Whether you're planning to build now or hold for future development, this property offers exceptional versatility, location, and value. This parcel is two lots that have an entrance either form Joliet Rd. or Fairview Dr. on the north
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Zillow last checked:
Listing updated:
Listed by:
Marius Kasniunas, BPOR,CNC,E-PRO708-966-9077,
Century 21 Circle
Source: MRED as distributed by MLS GRID,MLS#: 12569538
Facts & features
Property
Features
Frontage length: 98
Lot
Size: 1.41 Acres
Dimensions: 99 x 617
Details
Parcel number: 451118201002000034
Zoning: MULTI
Special conditions: None
Utilities & green energy
Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
Region: Dyer
Financial & listing details
Tax assessed value: $54,900
Annual tax amount: $1,164
Date on market: 2/16/2026
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,397/mo
Price history
Date
Event
Price
5/22/2026
Price change
$419,900
Source: MRED as distributed by MLS GRID #12569538Report a problem
4/28/2026
Price change
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Source: MRED as distributed by MLS GRID #12569538Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.