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Homewood Office Building For Sale
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18141 Dixie Hwy, Homewood, IL 60430

13,410 SF office building in Homewood, Illinois.

Property Size13,410 SF
Lot Size1.08 Acres
Price / SF$85.38
Days on Market1527

Property Features for 18141 Dixie Hwy

General Information

Standard status Active
Size 13,410 SF
Class C
Lot size 1.08 Acres
Property subtype Office
Zoning B-2

Building Details

Year Built 1966
Listing Agency: SVN | Chicago Commercial
Listed By: Karen Kulczycki-CCIM, SIOR · License #IL #471-020279
Source: Crexi
Added: Jun 14, 2022 Changed: Aug 17 Last Checked: Aug 17 at 9:03AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This 13,410 square foot office building is located in Homewood, Illinois, and is situated on 1.08 acres. The 14-unit office building is 100% occupied by various long-term businesses. The building features a wet sprinkler fire system with a replaced sprinkler main valve, a newer fire panel, and HVAC that is less than ten years old. A new roof was installed in 2017. The property includes basement storage, individually electric metered units, a new water heater, pylon signage, and over 135 feet of frontage on Dixie Highway, as well as double lot parking. It is zoned B-1 Central Business District. The building is well-maintained, and no capital improvements are necessary. Homewood is located in Cook County, Illinois, approximately 28 miles south of Chicago, with easy access to I-294, I-80, and I-57. The property is a 15-minute walk to the Homewood Metra Station.

Key Highlights

  • 100% Occupied 14‑Unit Office Building
  • New Roof (2017) and HVAC less than 10 years old
  • Well‑Maintained Building Requiring No Capital Improvements

Property Analytics

Current Use

Katz Milanec, Inc. Accounting Firm Gregory T Mitchell ... Law Firm Charles T Ryan ... Law Firm Sandra Armenteros Wedding Service Kimberly Williams-Green, LCPC Crisis Center

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith 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

1,191
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 13,410 SF office building in Homewood, Illinois.
Where is this office building located?
The property is located at 18141 Dixie Hwy Homewood, IL.
What is the asking price?
The asking price for this property is $1,145,000.
What are key features of this property?
This property features: 100% Occupied 14‑Unit Office Building; New Roof (2017) and HVAC less than 10 years old; Well‑Maintained Building Requiring No Capital Improvements
More about this property
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