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    Homewood, IL
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    Homewood, IL Multifamily Properties for Sale

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    Olympia Fields, IL Hazel Crest, IL Chicago Heights, IL
    Mixed-Use Investment Building
    Updated: Jun 8
    Mixed-Use Investment Building

    2626 FLOSSMOOR Road, Flossmoor, IL 60422

    $698,000
    0.14 AC lot
    Brick mixed‑use building built in 1970 with central air and a composition roof
    Approx. 2,900 SF ground‑floor commercial space plus two 2nd‑floor 3‑bedroom/1.1‑bath units
    Each residential unit features hardwood flooring and in‑unit laundry
    24' x 16' terrace for the 2nd‑floor units
    10 parking spaces; commercial has separate furnaces and electric meters
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    Mixed-Use Warehouse with Office Buildout
    Updated: Jun 29
    Mixed-Use Warehouse with Office Buildout

    18240 Harwood Avenue, Homewood, IL 60430

    $699,900
    0.82 AC lot
    Former warehouse building with office space, built in 1948, constructed of brick and covered by a membrane roof
    Re‑zoned by the village to mixed use and approved for built‑out commercial/retail downstairs (~17,000 SF divisible) plus 15 apartments upstairs (900–1,000 SF each)
    Bi‑level design: 16,585 SF main level and 15,840 SF basement; main level has approx. 3000 SF office space with 4 private offices and a kitchen/lunch area
    Ceiling heights approx. 25 ft in barrel truss section and 16 ft in flat sections
    Loading and access: two ground‑level loading drive‑in doors (12' x 12') plus a small side roll‑up door and delivery/loading area
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    Homewood Brick 4-Unit Building
    Homewood Brick 4-Unit Building

    18229 Hart Drive, Homewood, IL 60430

    $535,000
    0.23 AC lot

    Four-unit building in Homewood, fully rented, below market rents.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Two Residential Units
    Duplex with Two Residential Units

    1308 Vincennes Avenue, Chicago Heights, IL 60411

    $235,000

    Two-unit duplex offers rental-ready layouts plus a partially finished basement and fenced yard.

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    Two Multi-Unit Buildings with Vacant Lot
    Two Multi-Unit Buildings with Vacant Lot

    1307 W 173rd Street, Hazel Crest, IL 60429

    $275,000

    Package sale of two multi-unit residential buildings plus a vacant lot, with newer roofs and a regularly serviced boiler.

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    Chicago Heights Multifamily Investment Opportunity
    Chicago Heights Multifamily Investment Opportunity

    1217 PARK Avenue, Chicago Heights, IL 60411

    $289,000
    0.12 AC lot

    Five-unit building with diverse layouts in Chicago Heights.

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    Two Multifamily Buildings Opportunity
    Two Multifamily Buildings Opportunity

    17320 Throop St, Hazel Crest, IL 60429

    Contact for pricing

    Two multifamily buildings for sale in Hazel Crest, Illinois.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Recreational Land Bordering National Forest
    Recreational Land Bordering National Forest

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    RV recreational lot bordering Manistee National Forest.

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    Off-Market Properties in Homewood, IL

    Consider similar Off-Market properties in Homewood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1853 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1853 183rd St, Homewood, IL 60430-3377

    Value Estimation by Request
    2,072 sqft · 0.16 AC lot
    View details
    2425 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2425 183rd St, Homewood, IL 60430-3120

    Value Estimation by Request
    3,156 sqft · 0.06 AC lot
    View details
    1940 Pne Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1940 Pne Rd, Homewood, IL 60430-1333

    Value Estimation by Request
    1,733 sqft · 0.39 AC lot
    View details
    18302 Cowing Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    18302 Cowing Ct, Homewood, IL 60430-3347

    Value Estimation by Request
    3,676 sqft · 0.07 AC lot
    View details
    2040 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2040 183rd St, Homewood, IL 60430

    Value Estimation by Request
    2,620 sqft · 0.17 AC lot
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    2047 Cedar Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2047 Cedar Rd, Homewood, IL 60430-1226

    Value Estimation by Request
    3,380 sqft · 0.19 AC lot
    View details
    2048 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2048 Rdg Rd, Homewood, IL 60430-1775

    Value Estimation by Request
    1,686 sqft · 0.06 AC lot
    View details
    932 Elder Rd, Unit 2S
    APARTMENT HOUSE (UNDER 5 UNITS)

    932 Elder Rd, Homewood, IL 60430-2598

    Unit 2S
    Value Estimation by Request
    4,800 sqft · 0.21 AC lot
    View details
    18218 Hart Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    18218 Hart Dr, Homewood, IL 60430-2576

    Value Estimation by Request
    3,240 sqft · 0.24 AC lot
    View details
    1956 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1956 Rdg Rd, Homewood, IL 60430-1730

    $1,000,000
    Estimated value
    7,280 sqft · 0.24 AC lot
    View details
    911 Elder Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    911 Elder Rd, Homewood, IL 60430-2533

    Value Estimation by Request
    4,800 sqft · 0.23 AC lot
    View details
    17752 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    17752 Dixie Hwy, Homewood, IL 60430-1243

    Value Estimation by Request
    3,086 sqft · 0.17 AC lot
    View details
    18855 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    18855 Dixie Hwy, Homewood, IL 60430-3900

    Value Estimation by Request
    3,453 sqft · 0.20 AC lot
    View details
    17714 Dixie Hwy
    GARDEN APT, COURT APT (5+ UNITS)

    17714 Dixie Hwy, Homewood, IL 60430-1249

    $1,555,000
    Estimated value
    0.76 AC lot
    View details
    18217 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    18217 Dixie Hwy, Homewood, IL 60430-2205

    Value Estimation by Request
    4,500 sqft · 0.24 AC lot
    View details
    915 Elder Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    915 Elder Rd, Homewood, IL 60430-2534

    Value Estimation by Request
    4,800 sqft · 0.21 AC lot
    View details
    17714 Gladville Ave
    GARDEN APT, COURT APT (5+ UNITS)

    17714 Gladville Ave, Homewood, IL 60430

    $605,000
    Estimated value
    0.40 AC lot
    View details
    3218 184th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    3218 184th St, Homewood, IL 60430-2792

    Value Estimation by Request
    3,780 sqft · 0.19 AC lot
    View details
    17928 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    17928 Dixie Hwy, Homewood, IL 60430-1741

    Value Estimation by Request
    3,211 sqft · 0.07 AC lot
    View details
    955 Elder Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    955 Elder Rd, Homewood, IL 60430-2538

    Value Estimation by Request
    4,800 sqft · 0.27 AC lot
    View details
    2117 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2117 183rd St, Homewood, IL 60430

    $630,000
    Estimated value
    6,850 sqft · 0.43 AC lot
    View details

    Homewood, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Homewood, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,932,900.

    Sale prices for multifamily properties in Homewood, IL start at $535,000, averaging $644,300, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +0.0%
    Median Household Income $105,736
    College Educated 82.0%

    High-Yield Neighborhoods for Investment

    Identify Homewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60430 $617.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Homewood fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Homewood, IL

    • 60430
    • 60422

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