18240 Harwood Avenue, Homewood, IL 60430

This masonry bi-level commercial building was previously used as a warehouse with office space. The main level is partially above grade and the basement level is partially below grade. Ceiling height is approximately 25 feet in the barrel truss section and about 16 feet in the flat sections. The current build-out includes approximately 3,000 square feet of office space with four private offices and a kitchen/lunch area, along with four bathrooms. The property also features a full fire alarm and sprinkler system. For loading, there are two ground-level loading drive-in doors (12' x 12') and one small side roll-up door, plus a designated loading area.

The site is 35,689 square feet and is comprised of three lots, with lot diameter reported as 227 x 164.1. Located at 18240 Harwood Avenue in Homewood, Illinois, the building fronts Harwood Avenue near the intersection of 183rd and Harwood. The property includes a side paved parking lot for 20 cars and a dedicated signage area.

Rezoning by the village has been approved for a mixed-use build-out, with commercial/retail space downstairs (approximately 17,000 square feet, divisible) and 15 apartment units upstairs (each approximately 900 to 1,000 square feet), which are described as needing to be built. The combination of existing office and warehouse improvements, plus the approved redevelopment concept, may be well suited for investors or owner-operators looking to create a retail and residential mix on a stand-alone commercial asset.