Homewood, IL 60430,18660 Dixie S Highway
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Homewood, IL 60430,18660 Dixie S Highway
Homewood, IL 60430,18660 Dixie S Highway
Homewood, IL 60430,18660 Dixie S Highway
Homewood, IL 60430,18660 Dixie S Highway
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Olga Vega

Olga Vega

Legacy Realty Group LLC

+1(219) 588-9494
$ 1,750,000
Est. payment /mo
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Active

18660 Dixie S Highway Homewood, IL 60430

10,289 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,289 sqft

Price per Sqft $170

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, just 35 minutes from downtown Chicago and steps from the Metra train station. This multi-unit commercial complex includes: * 11 business suites, currently featuring successful long-standing tenants including an auto repair shop (25+ years), a former bakery (50+ years, closed during COVID but still equipped), a photo salon, dry cleaners (with equipment included), an insurance agency, and more. * 3 vacant units-perfect for owner-user or additional rental income. * Gross income in 2024: $150,000 with potential to reach $200,000-$250,000 when rents are brought to market. * Over 50 parking spots for customers and tenants. * Includes a single-family home converted to an office-easily reverted to residential use if desired. Family-owned for 70 years, this property has a legacy of success and offers a fantastic investment opportunity with solid cash flow and strong upside. Zoned commercial, multiple uses possible. Reach out today to schedule a showing of the three available units and explore the potential this property has to offer!

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


Listed by Olga Kaminska • Core Realty & Investments Inc.
agent

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

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18660 Dixie S Highway