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    18141 Dixie Hwy Homewood, IL 60430

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    For Sale
    $1,145,000

    13,410 SF office building with long-term tenants in Homewood.

    Property size:
    13,410 SF

    Property Features for 18141 Dixie Hwy

    General Information

    Size
    13,410 SF

    Building Details

    Year built
    1966

    Source: Karen Kulczycki, CCIM, SIOR Agent Karen Kulczycki, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Homewood Office Building For Sale

    This 13,410 square foot partial two-story office building is located in Homewood, Illinois, approximately 28 miles south of Chicago. Situated on 1.08 acres, the property features 14 units and is currently 100% occupied by various long-term businesses. The building is well-maintained and zoned B-1 Central Business District. It includes a wet sprinkler fire system with a replaced sprinkler main valve, a newer fire panel, and HVAC units less than ten years old. A new roof was installed in 2017. Additional features include basement storage, individually electric metered units, a new water heater, and pylon signage. The property offers over 135 feet of frontage on Dixie Highway and double lot parking with 58+ parking spaces. The location provides easy access to I-294, I-80, and I-57 and is a 15-minute walk to the Homewood Metra Station. No capital improvements are necessary.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Katz Milanec, Inc. Certified Public Accountant Gregory T Mitchell ... Attorney Charles T Ryan ... Legal Services Sandra Armenteros Wedding Photographer Kimberly Williams-Green, LCPC Mental Health Service

    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
    -87.6650756
    Latitude
    41.5600185

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    FAQs

    What type of property is this?
    Office building - 13,410 SF office building with long-term tenants in Homewood.
    Where is this office building located?
    The property is located at 18141 Dixie Hwy Homewood, IL.
    What is the asking price?
    The asking price for this property is $1,145,000.
    What are key features of this property?
    This property features: - 100% Occupied with Long-Term Tenants, providing immediate income.; - Well-maintained building requiring no capital improvements.; - Newer Roof (2017) and HVAC (less than 10 years old).
    (630) 330-3352
    Request Owner's contact information
    18141 Dixie Hwy 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
    18141 Dixie Hwy Homewood, IL 60430
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