Mixed-Use Building with Retail and
For Sale
Contact for pricing
Pending
18659-71 S Dixie Hwy, Homewood, IL 60430
Two-story layout places five retail tenants below two apartment units.
Property Size10,891 SF
Days on Market143
Property Features for 18659-71 S Dixie Hwy
General Information
Standard status
Pending
Size
10,891 SF
Property subtype
Retail, Mixed Use
Occupancy
100%
Additional Details
Cap Rate
10.5%
Highway Access
Yes
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Boardwalk Commercial Real Estate
(708) 917-3333
Listed By:
Bob Petrich · License #IL 471000390
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 7:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boardwalk Commercial Real Estate
Investment Insights
Based on property information with market context.
This 10,891-square-foot mixed-use building combines retail and residential space in a two-level configuration. The first floor contains five retail tenant spaces, while two apartment units occupy the second floor. The property is reported as 100% occupied, with leases in place across the retail and apartment components.
The building is located at 18659-71 S Dixie Hwy in Homewood, south of the I-80 and Dixie Hwy exit. Its position in the Downtown Homewood area places the property within the stated local traffic-demographic context. The listing identifies a 10 1/2% cap rate for the property.
The building is located at 18659-71 S Dixie Hwy in Homewood, south of the I-80 and Dixie Hwy exit. Its position in the Downtown Homewood area places the property within the stated local traffic-demographic context. The listing identifies a 10 1/2% cap rate for the property.
Key Highlights
- 10,891‑square‑foot mixed‑use building with retail and apartment components
- Five retail tenants occupy the first floor
- Two apartment units are located on the second floor
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 60430, IL
20,146
Population
7,662
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
6.9 sq mi
ZIP Area
2,920
Density / Sq Mi
$91,402
Median Household Income
$48,509
Median Earnings
$1,419
Median Rent
$209,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story layout places five retail tenants below two apartment units.
Where is this mixed-use property located?
The property is located at 18659-71 S Dixie Hwy Homewood, IL.
What are key features of this property?
This property features: 10,891‑square‑foot mixed‑use building with retail and apartment components; Five retail tenants occupy the first floor; Two apartment units are located on the second floor
