Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1933 Ridge Rd Homewood, IL 60430

    For Sale
    $699,900

    Other - Homewood, IL

    Property size:
    7,162 SF
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 1933 Ridge Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    29314080160000
    Size
    7,162 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1948
    Number of units
    1
    Architectural style
    Other

    Village Realty (708) 478-1212 [email protected]

    Listing agent Michael Glenn (708) 478-1212 License #475154621

    Listing date Nov 7, 2025

    MLS# 12513092 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

    Downtown Homewood Commercial Building Opportunity

    This expansive commercial property, with over 7,000 square feet, is located in downtown Homewood. Currently configured as a dance studio, the property is ready for its next chapter. The building offers visibility, accessibility, and flexibility. It features two large studio spaces, multiple offices, and ample storage areas. The property is suitable for a range of business uses, from fitness and wellness to creative or professional services. The property includes a parking lot with space for over 20 vehicles. The zoning is B-2 (Business District). Floor plans are available upon request. The pricing reflects the current condition and potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    american dance center Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Homewood
    County
    Cook
    State
    Illinois
    Longitude
    -87.6643851
    Latitude
    41.5612228

    Nearby Similar for Sale

    • $535,000
      Pending

      Homewood Brick 4-Unit Building

      Four-unit residential income property in Homewood, Illinois, near amenities.
      18229 Hart Dr, Homewood, IL 60430
      View Details
    • $850,000
      16,585 SF

      Mixed-Use Redevelopment Opportunity

      Former warehouse approved for mixed-use redevelopment in Homewood, Illinois.
      18240 Harwood Ave, Homewood, IL 60430
      View Details
    • $115,000
      1,100 SF

      Updated Condo in 55+ Community

      Updated 2-bedroom condo in a well-maintained 55+ community.
      940 Holbrook Rd, Homewood, IL 60430
      View Details
    • $1,145,000
      13,410 SF

      Homewood Office Building For Sale

      13,410 SF office building with long-term tenants in Homewood.
      18141 Dixie Hwy, Homewood, IL 60430
      View Details
    • $189,900

      Spacious Condo with Garage

      Two-bedroom, two-bath condo with garage near amenities.
      18302 Robin Ln, Homewood, IL 60430
      View Details
    • $595,000
      7,500 SF

      Retail Strip Center For Sale

      7,500 SF retail strip center with 75% occupancy.
      17532 Dixie Hwy, Homewood, IL 60430
      View Details

    FAQs

    What type of property is this?
    Retail space - Expansive commercial property in downtown Homewood with parking.
    Where is this retail space located?
    The property is located at 1933 Ridge Rd Homewood, IL.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Prime downtown Homewood location with exceptional visibility and accessibility.; - Expansive 7,000+ square foot commercial building offering flexibility for various business uses.; - Private parking for 20+ vehicles, a rare amenity in the downtown area.
    (708) 478-1212
    Request Owner's contact information
    1933 Ridge Rd Homewood, IL 60430
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1933 Ridge Rd
    Homewood, IL 60430
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1933 Ridge Rd Homewood, IL 60430
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.