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Probability, Practice & Fortune

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Political pundits can go back and forth about what the country needs to work toward a stronger, more successful economy, but no matter their level of expertise in the field, few would manage to assert a single, defining factor that motivates growth. If the answer was so simple, then no one would have to worry about devising creative means for supporting a community. Yet, some places do manage to succeed in luring an influx of business opportunity to a city or village, despite public concerns about a broader economy potentially at peril. Some obvious factors may have played toward Homer Glen’s advantage to building a successful business community, but others may best be attributed to the serendipitous events that have also molded the Village.

Officials have taken certain measures to capitalize on location to make Homer Glen prosperous. Demanding only a meager retail sales tax of 6.25 percent, Homer Glen has the single lowest rate in the southwest suburbs, and it comes in at a much lower rate than its more populous neighbor Chicago. Businesses can also utilize proximity to major highways and airports to funnel in supplies as well as customers to stores. Will County carries the distinction of a county growing fast enough to reach the echelon of top 10 fastest in the entire nation. “The economic development’s been thriving,” states Tony Miroballi of Miroballi Shoes. “There’s a lot of new places to eat, a lot of new restaurants,” all indicators of how often new businesses have found success in the area.

Homer Glen leaders have spent plenty of time considering ways to improve the Village, and incorporating it helped expand the possibilities for prospective businesses. Getting the Village prepared for incorporation required some effort from Village leaders, but also benefited from a little bit of help from the town businesses. As George Muersch, Jr., from Will-Cook Ace Hardware recalls, “There was a group of folks that were trying to run a campaign to get incorporation, and they came to us about it.” In order to run a campaign, they needed a place to consistently operate, and fortune would provide the solution. “We had an empty retail store here,” says Muersch, “and they came to us about using that store during that time, and it turned out to be the very first village hall in Homer Glen after we did incorporate out here.” Homer Glen managed to capitalize on the generosity of one of its oldest economic mainstays to incorporate for the future, one sure to include equally influential businesses in its fold.

Naturally, with questions about federal interest rate cuts constantly abounding, people often ponder what kind of future Homer Glen and the country at large will face in the coming months. For the right kind of investors, though, the appearance of a market downturn could represent a chance for great investment return in the future. “The way the market is, you know, when stocks are down, people buy them,” says Ron Wellman of WeInvest.com. “When real estate’s down, it’s actually the time to buy. Now, there’s never been a better opportunity to buy real estate, and we’re seeing that. There’s a ton of opportunity out there, and investors who are liquid, who are savvy, prepared, [know] now’s the time to buy.”

With the outstanding opportunity for investment evidenced in Homer Glen, business can and will likely continue to expand. Some of those expansions come from tried methods of economic stimuli, others from serendipitous confluences of interest, and still others from a resilience in an economy rife with potential. Not all of those reasons can fit into catchy sound bites for pundits to speculate about in the media, but an inability to cite with exactness all of the attributes to Homer Glen’s success may not be a negative trait. Perhaps Homer Glen can confer some of its thanks toward an unknown factor. Regardless, it continues to succeed in a time when other communities fear for the worst, and while observers may not easily explain why, they will surely appreciate that success all the same.

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