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Homewood, IL Auto Shops for Sale

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Hazel Crest, IL Olympia Fields, IL Chicago Heights, IL
Homewood Strip Mall Investment Opportunity
Updated: Jan 13, 2025
Homewood Strip Mall Investment Opportunity

18660 Dixie Highway, Homewood, IL 60430

$1,690,000
24,634 sqft
Prime location in the heart of Homewood, steps from the Metra train station and 35 minutes from downtown Chicago.
Strong income potential: $150,000 gross income in 2024 with upside to $200,000-$250,000 by bringing rents to market value.
New roof installed in 2025, minimizing future maintenance expenses.
Multi‑unit commercial property with 11 suites and a mix of long‑standing tenants, providing stable cash flow.
Three vacant units offer immediate owner‑user or rental income opportunities.
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

Remodeled Commercial Building on Busy Corner
Remodeled Commercial Building on Busy Corner

16800 State Street, South Holland, IL 60473

$349,900
0.51 AC lot

Remodeled commercial building with four bays on a busy corner.

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Commercial Property in Prime Location
Commercial Property in Prime Location

2920 159th Street, Markham, IL 60428

$949,500
5,400 sqft · 0.63 AC lot

Versatile commercial property suitable for various business uses.

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Prime Commercial Property For Sale
Prime Commercial Property For Sale

2920 159th Street, Markham, IL 60428

$949,500
5,400 sqft · 1.00 AC lot

5,400 SF building on 1-acre site in high-traffic location.

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Auto Shop on Busy Highway
Auto Shop on Busy Highway

239 W 162nd St, South Holland, IL 60473

$600,000
6,500 sqft

Auto shop with 8 bays in South Holland auto corridor.

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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.

Bridgeview Industrial Lot For Sale
Bridgeview Industrial Lot For Sale

9901 S 76th Avenue, Bridgeview, IL 60455

$4,000,000
4.20 AC lot

4.2 acre industrial lot in prime Bridgeview location.

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West Ridge Development Site
West Ridge Development Site

6017 North Western Avenue, Chicago, IL 60659

Contact for pricing
5,305 sqft · 1.10 AC lot

Development site in West Ridge, Chicago, with C2-2 zoning.

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Kankakee Redevelopment Opportunity
Kankakee Redevelopment Opportunity

590 S Washington Avenue, Kankakee, IL 60901

$125,000
1,100 sqft · 0.30 AC lot

Former gas station/convenience store ideal for redevelopment.

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Oswego, IL Land For Sale
Oswego, IL Land For Sale

94 Templeton Drive, Oswego, IL 60543

$295,000
1.19 AC lot

1.19 acre industrial land available in Oswego, Illinois.

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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.

18009 Harwood Ave
AUTO REPAIR, GARAGE

18009 Harwood Ave, Homewood, IL 60430-1714

Value Estimation by Request
0.17 AC lot
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17923 Halsted St
AUTO REPAIR, GARAGE

17923 Halsted St, Homewood, IL 60430-2013

Value Estimation by Request
1.00 AC lot
View details
3349 183rd St
AUTO REPAIR, GARAGE

3349 183rd St, Homewood, IL 60430-2602

Value Estimation by Request
0.65 AC lot
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810 Maple Rd
AUTO REPAIR, GARAGE

810 Maple Rd, Homewood, IL 60422

$515,000
Estimated value
0.84 AC lot
View details
17901 Dixie Hwy
AUTO REPAIR, GARAGE

17901 Dixie Hwy, Homewood, IL 60430-1703

Value Estimation by Request
0.14 AC lot
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2733 Flossmoor Rd
AUTO REPAIR, GARAGE

2733 Flossmoor Rd, Flossmoor, IL 60422-1141

Value Estimation by Request
0.29 AC lot
View details
18058 Halsted St
AUTO REPAIR, GARAGE

18058 Halsted St, Homewood, IL 60430

Value Estimation by Request
1,052 sqft · 0.70 AC lot
View details

Homewood, IL Auto Shops Market Trends and Statistics

Explore 8 auto shops for sale in Homewood, IL on our real estate platform. These investment opportunities span a total of 24,634 square feet of properties for sale, with an estimated market value of $1,690,000.

Sale prices for auto repair shops in Homewood, IL start at $1,690,000, averaging $1,690,000, and reaching up to $1,690,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1

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 $1.7M

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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