Homes for sale - 18660 Dixie S Highway, Homewood, IL 60430

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Amber Holup

amber@thehnghomes.com +1(708) 870-6835

Listed by Olga Kaminskaof Core Realty & Investments Inc.

$ 1,690,000

Est. payment | -/mo

10,289 SqFt

Save

$ 1,690,000

Est. payment | -/mo

Save

10,289 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,289 sqft

Price per Sqft $164

MLS Listing ID 12374939

Year Built 1959

Annual Tax Amount $61,890

Tax Year 2023

Lot Dimensions 255X255

Property Sub-Type Mixed Use

Property Description

Rare opportunity to own a well-established strip mall in the heart of Homewood, conveniently located just steps from the Metra train station and approximately 35 minutes from downtown Chicago. This multi-unit commercial property features 11 business suites with a strong mix of long-standing tenants, including an auto repair shop (25+ years), former bakery (50+ years, closed during COVID but still equipped), photo salon, dry cleaner (equipment included), insurance agency, and more. The property also offers 3 vacant units, ideal for an owner-user or additional rental income. 2024 gross income of $150,000, with upside potential to $200,000-$250,000 as rents are brought to market. All-new roof installed in 2025, providing added value and reduced future expenses. Additional highlights include over 50 parking spaces and a single-family home converted to office use, which can be reverted back to residential if desired. Zoned commercial with multiple use possibilities. Family-owned for 70 years, this property presents a solid investment with stable cash flow and strong upside potential.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick,Concrete,Block

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Flossmoor Hills Elementary School

Public | KG - 5
8

Arcadia Elementary School

Public | KG - 4
7

Highlands Elementary School

Public | KG - 5
7

Western Avenue Elementary School

Public | KG - 5
6

Chateaux School

Public | PK - 5
6

Heather Hill Elementary School

Public | KG - 5
6

Serena Hills Elementary School

Public | PK - 5
5

Markham Park Elementary School

Public | KG - 5
5

Kennedy Elementary School

Public | KG - 8
4

Nob Hill Elementary School

Public | PK - 5
4

Woodland School

Public | 1 - 4
4

Roosevelt Elementary School

Public | KG - 8
4

Winston Churchill School

Public | 3 - 4
4

Longwood Elementary School

Public | PK - 4
3

Mae Jemison School

Public | KG - 5
3

Greenbriar Elementary School

Public | KG - 8
3

Jefferson Elementary School

Public | KG - 8
1

Dr Ralph Bunche School

Public | 1 - 4
0

Childrens 2nd Language Academy

Private | 1 - 1
0

Infant Jesus of Prague School

Private | PK - 8

Middle Schools 3

6

Parker Junior High School

Public | 6 - 8
6

James Hart School

Public | 7 - 8
0

Robert Frost Middle School

Public | 7 - 8

High Schools 7

9

Homewood-Flossmoor High School

Public | 9 - 12
1

Hillcrest High School

Public | 9 - 12
1

Rich Central Campus High School

Public | 9 - 12
1

Bloom High School

Public | 9 - 12
0

Speed Independence High School

Public | 9 - 12
0

Marian Catholic High School

Private | 9 - 12
0

District 206 Alternative High School

Public | 9 - 12

School and business data provided by Attom Data.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

18660 Dixie S Highway Homewood, IL 60430