8-Unit Mixed-Use
For Sale
$999,999
18154 Martin Ave, Homewood, IL 60430
All-electric property combines professional offices with residential apartments.
Property SizeContact for details
Days on Market206
Property Features for 18154 Martin Ave
General Information
Standard status
Active
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
6
Office Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1968
Buildings
1
Tenancy
Multi
Listing Agency:
Village Realty Inc
Listed By:
Dustin Kooy · License #475191164
(815) 954-1346
Source:
Liveliferealty
Added: Mar 24
Changed: Sep 26
Last Checked: Oct 7 at 3:25PM
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 Village Realty Inc
Investment Insights
Based on property information with market context.
This 7,850-square-foot mixed-use building contains eight units across two levels. The ground floor has four 900-square-foot suites, including two professional offices and two residential units. Four upper-level apartments each offer two bedrooms and one-and-a-half baths within 900 square feet. Most units have received recent updates, and the property is served entirely by electric utilities.
Located at 18154 Martin Avenue in downtown Homewood, the building is steps from the Metra station, shops, restaurants, and village amenities. Zoning is COMMR. Tenants pay their own electric service, while ownership is responsible for water, garbage, sewer, snow removal, and lot cleaning.
Located at 18154 Martin Avenue in downtown Homewood, the building is steps from the Metra station, shops, restaurants, and village amenities. Zoning is COMMR. Tenants pay their own electric service, while ownership is responsible for water, garbage, sewer, snow removal, and lot cleaning.
Key Highlights
- 8‑unit mixed‑use building with 7,850 SF
- Four 900‑square‑foot ground‑floor suites: two offices and two residential units
- Four upper‑level apartments with 2 bedrooms and 1.5 baths each
Property Analytics
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Current Use
Lease Details
2
Office units
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,090
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - All-electric property combines professional offices with residential apartments.
Where is this mixed-use property located?
The property is located at 18154 Martin Ave Homewood, IL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 8‑unit mixed‑use building with 7,850 SF; Four 900‑square‑foot ground‑floor suites: two offices and two residential units; Four upper‑level apartments with 2 bedrooms and 1.5 baths each
