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    Homewood, IL
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    Homewood, IL Multifamily Properties for Sale

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    Hazel Crest, IL Olympia Fields, IL Country Club Hills, IL Chicago Heights, IL Matteson, IL Glenwood, IL Tinley Park, IL Markham, IL
    Mixed-Use Building with Terrace
    Updated: Sep 28
    Mixed-Use Building with Terrace

    2626 FLOSSMOOR Road, Flossmoor, IL 60422

    $669,000
    0.14 AC lot
    Approximately 2,900 square feet of ground‑floor commercial space
    Two second‑floor apartments, each with 3 bedrooms and 1.1 baths
    24x16 terrace and 10 parking spaces
    Apartments feature hardwood flooring, in‑unit laundry and central air
    Former two‑space commercial layout retains separate furnaces and electric meters
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    Renovated Mixed-Use Property
    Updated: Aug 19
    Renovated Mixed-Use Property

    2059 Ridge Road, Homewood, IL 60430

    Contact for pricing
    7,718 sqft
    7,718‑square‑foot mixed‑use property with commercial space and four apartments
    Operating bar and restaurant with a 3‑way liquor license
    Package sales and video gaming included in the commercial operation
    Commercial areas, basement, and major building systems renovated in 2023
    Additional restaurant and food‑service space for expansion or third‑party leasing
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    8-Unit Mixed-Use Building
    8-Unit Mixed-Use Building

    18154 Martin Ave, Homewood, IL 60430

    $999,999

    All-electric property combines professional offices with residential apartments.

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    See hot listings in Homewood

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Newly Constructed Apartment Building
    Newly Constructed Apartment Building

    2033 Ridge Rd, Homewood, IL 60430

    $11,850,000

    Multifamily property positioned in Homewood, Illinois, with a newly constructed residential configuration.

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    Homewood Condo with Attached Garage
    Homewood Condo with Attached Garage

    3251 184th Street #2B, Homewood, IL 60430

    $160,000

    Spacious 3 bed, 2 bath condo with in-unit laundry.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 5 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 1 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.

    Updated Brick Duplex
    Updated Brick Duplex

    15711 Dixie Highway, Harvey, IL 60426

    $289,000

    Two-unit residential property with renovated interiors, modern building systems, and public utilities.

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    3-Unit Multifamily Property
    3-Unit Multifamily Property

    16609 Emerald Avenue, Harvey, IL 60426

    $280,000

    The unit mix pairs a studio with two two-bedroom apartments, offering three distinct residential layouts.

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    Multifamily Property Package
    Multifamily Property Package

    Hazel Crest, IL 60429

    $275,000

    Two residential buildings and a nearby vacant lot are conveyed together.

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    Two-Building Multifamily Package
    Two-Building Multifamily Package

    1307 W 173rd Street, Hazel Crest, IL 60429

    $275,000

    Package includes a nearby vacant lot, newer roofs, and select recently replaced windows.

    View details

    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.

    View details

    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

    Estimated value:
    $415,000
    2,072 sqft 0.16 AC lot
    View details
    2425 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2425 183rd St, Homewood, IL 60430-3120

    Estimated value:
    $220,000
    3,156 sqft 0.06 AC lot
    View details
    1940 Pne Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1940 Pne Rd, Homewood, IL 60430-1333

    Estimated value:
    $305,000
    1,733 sqft 0.39 AC lot
    View details
    18302 Cowing Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    18302 Cowing Ct, Homewood, IL 60430-3347

    Estimated value:
    $440,000
    3,676 sqft 0.07 AC lot
    View details
    2040 183rd St
    APARTMENT HOUSE (UNDER 5 UNITS)

    2040 183rd St, Homewood, IL 60430

    Estimated value:
    $355,000
    2,620 sqft 0.17 AC lot
    View details
    2047 Cedar Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2047 Cedar Rd, Homewood, IL 60430-1226

    Estimated value:
    $340,000
    3,380 sqft 0.19 AC lot
    View details
    2048 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2048 Rdg Rd, Homewood, IL 60430-1775

    Estimated value:
    $160,000
    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
    Estimated value:
    $325,000
    4,800 sqft 0.21 AC lot
    View details
    18218 Hart Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    18218 Hart Dr, Homewood, IL 60430-2576

    Estimated value:
    $365,000
    3,240 sqft 0.24 AC lot
    View details
    1956 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1956 Rdg Rd, Homewood, IL 60430-1730

    Estimated value:
    $1,055,000
    7,280 sqft 0.24 AC lot
    View details
    911 Elder Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    911 Elder Rd, Homewood, IL 60430-2533

    Estimated value:
    $390,000
    4,800 sqft 0.23 AC lot
    View details
    17752 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    17752 Dixie Hwy, Homewood, IL 60430-1243

    Estimated value:
    $390,000
    3,086 sqft 0.17 AC lot
    View details
    18855 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    18855 Dixie Hwy, Homewood, IL 60430-3900

    Estimated value:
    $400,000
    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

    Estimated value:
    $1,620,000
    0.76 AC lot
    View details
    18217 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    18217 Dixie Hwy, Homewood, IL 60430-2205

    Estimated value:
    $420,000
    4,500 sqft 0.24 AC lot
    View details
    915 Elder Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    915 Elder Rd, Homewood, IL 60430-2534

    Estimated value:
    $375,000
    4,800 sqft 0.21 AC lot
    View details
    17714 Gladville Ave
    GARDEN APT, COURT APT (5+ UNITS)

    17714 Gladville Ave, Homewood, IL 60430

    Estimated value:
    $620,000
    0.40 AC lot
    View details
    3218 184th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    3218 184th St, Homewood, IL 60430-2792

    Estimated value:
    $480,000
    3,780 sqft 0.19 AC lot
    View details
    17928 Dixie Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    17928 Dixie Hwy, Homewood, IL 60430-1741

    Estimated value:
    $340,000
    3,211 sqft 0.07 AC lot
    View details

    Homewood, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Homewood, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,718 square feet of properties for sale, with an estimated market value of $13,678,999.

    Sale prices for multifamily properties in Homewood, IL start at $160,000, averaging $3,419,749, and reaching up to $11,850,000 — 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

    Apartment buildings 3

    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 $4.3M

    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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