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    Homewood, IL Conventional Restaurants for Sale

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    Olympia Fields, IL Hazel Crest, IL Chicago Heights, IL
    Homewood Strip Mall Investment Opportunity
    $1,690,000
    24,634 SF

    Homewood Strip Mall Investment Opportunity

    18660 Dixie Highway, Homewood, IL 60430

    Established strip mall near Metra with income upside potential.

    • 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.
    Updated: Apr 26, 2025
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    Retail Outparcel in CherryCreek Center
    $1,395,000
    4,925 SF

    Retail Outparcel in CherryCreek Center

    18322 Governors Hwy, Homewood, IL 60430

    Three-tenant retail property within CherryCreek Shopping Center, Homewood, Illinois.

    • Located within the Cherry Creek Shopping Center, shadow‑anchored by Walgreens and other retailers.
    • Tenants operate on NNN leases with over 10 years of tenure and have signed numerous renewal options.
    • Near‑term rental upside achievable through enforcement of administrative fee clauses.
    • High‑end brick construction, beautifully maintained with a new roof installed in 2020.
    • Located in Homewood, a well‑established community within the Chicago MSA, with high demographics.
    Updated: Jul 30, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Dyer Commercial Building For Sale
    $749,900
    3,970 SF

    Dyer Commercial Building For Sale

    Turnkey restaurant/bar on 0.68 acres in Dyer, Indiana.

    1209 Sheffield Avenue, Dyer, IN 46311
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    Dyer Commercial Building on Sheffield
    $769,900
    3,970 SF

    Dyer Commercial Building on Sheffield

    Versatile commercial building suitable for various business uses.

    1209 Sheffield Avenue, Dyer, IN 46311
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    Restaurant/Bar Opportunity on Western Avenue
    $650,000
    3,996 SF

    Restaurant/Bar Opportunity on Western Avenue

    Highly visible retail property in Chicago's Beverly neighborhood.

    10350 S Western Avenue, Chicago, IL 60643
    View details
    Beverly Mixed-Use Investment Opportunity
    $945,000
    6,250 SF

    Beverly Mixed-Use Investment Opportunity

    Renovated Chicago mixed-use building with restaurant, office, and residential units.

    2022 W 95th Street, Chicago, IL 60643
    View details

    Homewood, IL Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Homewood, IL on our real estate platform. These investment opportunities span a total of 29,559 square feet of properties for sale, with an estimated market value of $3,085,000.

    Sale prices for conventional restaurants in Homewood, IL start at $1,395,000, averaging $1,542,500, 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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