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    18154 Martin Ave Homewood, IL 60430

    For Lease
    $1.80 SF/Yr

    Other - Homewood, IL

    Days on Market:
    76
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 18154 Martin Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1968
    Number of units
    2
    Architectural style
    Other

    Real People Realty (708) 634-0103 [email protected]

    Listing agent Chelsea James (708) 634-0103 License #475190629

    Listing date Sep 22, 2025

    MLS# 12474912 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Space in Downtown Homewood

    This spacious and stylish commercial space is available for rent in the downtown area of Homewood, Illinois. The remodeled space is situated close to restaurants, shops, and other businesses. Private parking is available. The property is suitable for office, daycare, or other office-like services. There are two units available, totaling 1,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Myers Fay L Social Worker Hogan Judith A Doctor Tactful Disruption® Psychotherapist Report Source Foreclosure Service American Design Team Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Cook
    State
    Illinois
    Longitude
    -87.6672519
    Latitude
    41.5595733

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    FAQs

    What type of property is this?
    Office space - Remodeled commercial space perfect for office, daycare, or similar services.
    Where is this office space located?
    The property is located at 18154 Martin Ave Homewood, IL.
    What is the lease rate?
    The lease rate is $1.80 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Homewood location near restaurants, shops, and businesses.; - Two units available totaling 1600 SF, suitable for office, daycare, or similar services.; - Remodeled space offering a stylish environment.
    (708) 634-0103
    Request Owner's contact information
    18154 Martin Ave Homewood, IL 60430
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    Homewood, IL 60430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18154 Martin Ave Homewood, IL 60430
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