Property profile

18300 Dixie Hwy Homewood, IL 60430

OFF-MARKET
Office Spaces
11,772 SF Built 1964
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Property summary

AI-generated overview

This exceptional two-story office building, situated at 18300 Dixie Highway in Homewood, Illinois, presents a compelling investment opportunity. Built in 1964, the property boasts a total of 11,772 square feet, with 2,257 square feet currently available for lease. The building features a traditional office layout, perfect for a variety of businesses. Ample parking is provided with 61 spaces available for tenants and visitors. The property's location in Homewood's Central Business District offers excellent visibility and accessibility. Its proximity to the Chicago Loop (25 miles south) is further enhanced by convenient access to Interstates I-57 and I-80, as well as Metra Rail and Pace Bus services. The building is within walking distance of Homewood's sole commuter rail station, ensuring easy commutes for employees and clients. The area is densely populated, resulting in high traffic counts, providing significant exposure for businesses operating within the building. This property represents a rare opportunity to secure a well-located, established office space in a thriving commercial district. The available space is ideal for businesses seeking a prominent presence in a high-traffic area with excellent transportation links. The building's traditional design offers a classic and functional workspace.

Property profile

Verified
Property type Office Spaces
Year built 1964
Total area 11,772 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Bank Loan Service
  • Law Firm
  • Atm

Location

18300 Dixie Hwy Homewood, IL 60430
Homewood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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