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Multi-Tenant Retail Center For Sale
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18320-18336 S Kedzie Avenue, Homewood, IL 60430

12,675 SF multi-tenant neighborhood center in Homewood, Illinois.

Property Size12,675 SF
Lot Size1.00 Acre
Days on Market114

Property Features for 18320-18336 S Kedzie Avenue

General Information

Standard status Active
Size 12,675 SF
Lot size 1.00 Acre
Property subtype Retail
Occupancy 35%
Investment Type Value Add

Building Details

Year Built 1979
Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: May 9 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This 12,675 square foot multi-tenant neighborhood center is located on the west side of Kedzie Avenue, just south of 183rd Street, in Homewood, Illinois. The center is situated directly across the street from Jewel-Osco and Ollie's Bargain Outlet and is adjacent to U.S. Bank to the north and Car-X Tire & Auto to the south. Several national retailers are in the immediate vicinity, including Aldi, McDonald's, Dollar Tree, Chase Bank, Walgreens, Starbucks, and Burger King. The center is currently 35% leased to a mix of local tenants including JJ Fish, Charm Cleaners, and Shining Salon. Pylon signage fronting Kedzie Avenue provides visibility and exposure to over 14,000 vehicles per day. The property offers a premier retail opportunity with nearly one acre of land and 192 feet of frontage along Kedzie Avenue. Located 22 miles south of downtown Chicago, the property benefits from regional connectivity via Metra, Amtrak, and major interstates. Neighboring retailers include Home Depot, Kohl’s, Old Navy, Target, Walmart, Burlington, TJ Maxx, and Famous Footwear.

Key Highlights

  • High‑visibility location on Kedzie Avenue with pylon signage, exposed to over 14,000 vehicles per day.
  • Located in a dynamic and growing community in Homewood, IL, just 22 miles south of downtown Chicago.
  • Surrounded by national retailers including Jewel‑Osco, Ollie's Bargain Outlet, Aldi, McDonald's, and more.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 12,675 SF multi-tenant neighborhood center in Homewood, Illinois.
Where is this shopping center located?
The property is located at 18320-18336 S Kedzie Avenue Homewood, IL.
What are key features of this property?
This property features: High‑visibility location on Kedzie Avenue with pylon signage, exposed to over 14,000 vehicles per day.; Located in a dynamic and growing community in Homewood, IL, just 22 miles south of downtown Chicago.; Surrounded by national retailers including Jewel‑Osco, Ollie's Bargain Outlet, Aldi, McDonald's, and more.
(847) 780-8062 Call to check price and availability
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