18660 Dixie Highway S, Homewood, IL

$1,750,000

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About 18660 Dixie Highway S

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!

Features of 18660 Dixie Highway S

MLS® # 12374939
Price $1,750,000
Bathrooms 0.00
Acres 0.00
Year Built 1959
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 18660 Dixie Highway S
Area Homewood
City Homewood
County Cook
State IL
Zip Code 60430

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick, Concrete, Block
Foundation Concrete Perimeter

Additional Information

Days on Market 149
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCore Realty & Investments Inc.
Contact Info224-235-4336

Listing Map

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