Apartment Building

Homewood, IL Apartment Buildings for Sale

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Hazel Crest, IL Olympia Fields, IL Chicago Heights, IL Country Club Hills, IL Glenwood, IL Matteson, IL Tinley Park, IL Markham, IL
Bi-Level Mixed-Use Commercial Building
Updated: Jun 29
Bi-Level Mixed-Use Commercial Building

18240 Harwood Avenue, Homewood, IL 60430

$699,900
0.82 AC lot
Mixed‑use zoning approved: commercial/retail downstairs (approx. 17,000 SF divisible) and 15 apartment units upstairs
Bi‑level masonry building on Harwood Ave with main level and basement: 16,585 SF main level and 15,840 SF basement
Approx. 25 ft ceiling height in barrel truss section and approx. 16 ft in flat sections
On‑site loading: two ground level loading dock doors (12' x 12') plus a small side roll‑up door and loading area
Includes approx. 3,000 SF office space with 4 private offices, kitchen/lunch area, and 4 bathrooms
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Mixed-Use Building with Office Suites
Updated: Mar 23
Mixed-Use Building with Office Suites

18154 Martin Avenue, Homewood, IL 60430

$1,128,000
8‑unit all‑electric mixed‑use building (Year Built 1968) with four ground‑floor suites and four upper 2‑bedroom apartments
Ground floor: four 900 SF suites—two professional offices and two residential units; most units have been recently updated
Upper units: four 900 SF apartments, each with 2 bedrooms and 1.5 baths
Rents: stabilized gross rents projected at $12,000/month ($144,000 annually) once fully leased; office rent $1,400/mo each
Apartment rents range $1,368-$1,795/mo; owner covers water, garbage, sewer, snow removal, and lot cleaning; tenants pay their own electric
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Midlothian Multifamily Investment Opportunity
Midlothian Multifamily Investment Opportunity

14613 Keystone Avenue, Midlothian, IL 60445

$639,900
0.15 AC lot

Six-unit brick building in Midlothian, fully occupied, cash flowing.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

14613 Keystone Avenue, Midlothian, IL 60445

$639,900

Fully occupied six-unit building near Metra and shopping centers.

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Harvey Multifamily Investment Opportunity
Harvey Multifamily Investment Opportunity

15633 Lexington Avenue, Harvey, IL 60426

$499,999

Six-unit brick building with income and value-add potential.

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Seven-Unit Multifamily Investment Property
Seven-Unit Multifamily Investment Property

15633 Lexington Ave, Harvey, IL 60426

$450,000
8,600 sqft

Seven units, investor-ready, priced to sell with upside potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Homewood, IL

Consider similar Off-Market properties in Homewood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1853 183rd St
APARTMENT HOUSE (UNDER 5 UNITS)

1853 183rd St, Homewood, IL 60430-3377

Value Estimation by Request
2,072 sqft 0.16 AC lot
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2425 183rd St
APARTMENT HOUSE (UNDER 5 UNITS)

2425 183rd St, Homewood, IL 60430-3120

Value Estimation by Request
3,156 sqft 0.06 AC lot
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1940 Pne Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1940 Pne Rd, Homewood, IL 60430-1333

Value Estimation by Request
1,733 sqft 0.39 AC lot
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18302 Cowing Ct
APARTMENT HOUSE (UNDER 5 UNITS)

18302 Cowing Ct, Homewood, IL 60430-3347

Value Estimation by Request
3,676 sqft 0.07 AC lot
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2040 183rd St
APARTMENT HOUSE (UNDER 5 UNITS)

2040 183rd St, Homewood, IL 60430

Value Estimation by Request
2,620 sqft 0.17 AC lot
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2047 Cedar Rd
APARTMENT HOUSE (UNDER 5 UNITS)

2047 Cedar Rd, Homewood, IL 60430-1226

Value Estimation by Request
3,380 sqft 0.19 AC lot
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2048 Rdg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

2048 Rdg Rd, Homewood, IL 60430-1775

Value Estimation by Request
1,686 sqft 0.06 AC lot
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932 Elder Rd, Unit 2S
APARTMENT HOUSE (UNDER 5 UNITS)

932 Elder Rd, Homewood, IL 60430-2598

Unit 2S
Value Estimation by Request
4,800 sqft 0.21 AC lot
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18218 Hart Dr
APARTMENT HOUSE (UNDER 5 UNITS)

18218 Hart Dr, Homewood, IL 60430-2576

Value Estimation by Request
3,240 sqft 0.24 AC lot
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1956 Rdg Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1956 Rdg Rd, Homewood, IL 60430-1730

$1,000,000
Estimated value
7,280 sqft 0.24 AC lot
View details
911 Elder Rd
APARTMENT HOUSE (UNDER 5 UNITS)

911 Elder Rd, Homewood, IL 60430-2533

Value Estimation by Request
4,800 sqft 0.23 AC lot
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17752 Dixie Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

17752 Dixie Hwy, Homewood, IL 60430-1243

Value Estimation by Request
3,086 sqft 0.17 AC lot
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18855 Dixie Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

18855 Dixie Hwy, Homewood, IL 60430-3900

Value Estimation by Request
3,453 sqft 0.20 AC lot
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17714 Dixie Hwy
GARDEN APT, COURT APT (5+ UNITS)

17714 Dixie Hwy, Homewood, IL 60430-1249

$1,555,000
Estimated value
0.76 AC lot
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18217 Dixie Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

18217 Dixie Hwy, Homewood, IL 60430-2205

Value Estimation by Request
4,500 sqft 0.24 AC lot
View details
915 Elder Rd
APARTMENT HOUSE (UNDER 5 UNITS)

915 Elder Rd, Homewood, IL 60430-2534

Value Estimation by Request
4,800 sqft 0.21 AC lot
View details
17714 Gladville Ave
GARDEN APT, COURT APT (5+ UNITS)

17714 Gladville Ave, Homewood, IL 60430

$605,000
Estimated value
0.40 AC lot
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3218 184th St
APARTMENT HOUSE (UNDER 5 UNITS)

3218 184th St, Homewood, IL 60430-2792

Value Estimation by Request
3,780 sqft 0.19 AC lot
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17928 Dixie Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

17928 Dixie Hwy, Homewood, IL 60430-1741

Value Estimation by Request
3,211 sqft 0.07 AC lot
View details
955 Elder Rd
APARTMENT HOUSE (UNDER 5 UNITS)

955 Elder Rd, Homewood, IL 60430-2538

Value Estimation by Request
4,800 sqft 0.27 AC lot
View details
2117 183rd St
APARTMENT HOUSE (UNDER 5 UNITS)

2117 183rd St, Homewood, IL 60430

$630,000
Estimated value
6,850 sqft 0.43 AC lot
View details
18147 Harwood Ave
APARTMENT HOUSE (UNDER 5 UNITS)

18147 Harwood Ave, Homewood, IL 60430-2122

Value Estimation by Request
6,100 sqft 0.18 AC lot
View details

Homewood, IL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Homewood, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,827,900.

Sale prices for two-family homes in Homewood, IL start at $699,900, averaging $913,950, and reaching up to $1,128,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K
Population Growth (5Y) +0.0%
Median Household Income $105,736
College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Homewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60430 $699.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Homewood fall within the 25,000 to 50,000 square foot range.

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