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Downtown Retail Space with Parking
For Sale
$579,900

1933 Ridge Road, Homewood, IL 60430

Commercial Sale, Homewood, IL

Property SizeContact for details
Lot Size0.31 Acres
Days on Market289

Property Features for 1933 Ridge Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions From Dixie Hwy & Flossmoor Rd Head North. Take a right to head east on Ridge Rd. Building will be on the right (south) side of the road. Pull into the parking lot to the east of the building.
Subdivision Homewood
Standard status Active
APN 29314080160000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 43472

Utilities

Cooling system Central Air

Building Details

Year built 1948
Floors in Building 1
Number of units 1
Listing Agency: Village Realty, Inc.
Listed By: Michael Glenn · License #IL471.022481
Added: Nov 7, 2025 Changed: Aug 20 Last Checked: Aug 23 at 2:06PM
MLS# 12513092

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property at 1933 Ridge Road is a 1948-built commercial building currently arranged with two large studio areas, multiple offices, and storage space. Central air serves the building, and the existing layout accommodates the current dance studio configuration.

The property is located in downtown Homewood, Illinois, with private parking for 20+ vehicles in an adjacent lot. The site encompasses 0.3079 acres, and the address is within ZIP code 60430. The B-2 designation referenced in the remarks conflicts with the separate zoning field and is not included here.

Key Highlights

  • Two large studio areas with multiple offices and storage space
  • Private parking for 20+ vehicles in an adjacent lot
  • 0.3079‑acre site in downtown Homewood

Property Analytics

Current Use

american dance center Training Center

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Storage Facility Catering 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

1,112
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Two studio areas, offices, and storage support a range of commercial configurations in downtown Homewood.
Where is this retail space located?
The property is located at 1933 Ridge Road Homewood, IL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two large studio areas with multiple offices and storage space; Private parking for 20+ vehicles in an adjacent lot; 0.3079‑acre site in downtown Homewood
More about this property
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