Properties

Features
: Central Air
Address Map
US
IL
Cook
Homewood
60430
Dixie
18660
Highway
W88° 20' 5.1''
N41° 33' 1.6''
80-E , exit 4 for Dixie Hwy turn left to stay on Dixie HWY
Homewood
S
COMMR
Additional Information
10289
: Brick , Concrete , Block
: Commercial , Automotive
Circuit Breakers
: Concrete Perimeter
255X255
11
Commercial,Office,Retail,Special Use,Other
1750000
1
Core Realty & Investments Inc.
Olga Kaminska
Financial
61890.29
Listing Information
882984
85436
Active
2026-04-25T08:39:33Z
MRED
2026-01-04T06:05:29Z
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.

Commercial Sale For Sale

18660 Dixie S Highway, Homewood, Illinois 60430

$1,690,000
Listing ID#12374939
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12374939
Price : $1,690,000
Year Built : 1959
Listing Status : Active
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