1131 175th St Homewood, IL 60430-4604
Property profile & analytics
1131 175th St Homewood, IL 60430-4604
- Retail space
- 1.38 lot acres
Property ID
US28-1310309
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Green Care Medical / Alternative Medicine Practice
- Leafwell - Medical Marijuana Card - Homewood / Medical Clinic
Property Details for 1131 175th St
- Year built
- 1985
- Lot size
- 1.38 lot acres
- Property type
- Retail space
- APN
- 29-32-200-029
- APU
- 2932200029
Description
This exceptional 18,200 square foot multi-tenant building in Homewood, IL, presents a lucrative investment opportunity. Located at 1131 175th Street, the property boasts eight separate office spaces, three of which feature convenient overhead drive-in doors ideal for contractors, distributors, or businesses requiring rear access. Currently, two units are available for lease, with rates starting at $17.50 per square foot annually, depending on the space. The building is zoned M-1 (manufacturing), allowing for a wide range of uses including office space, contractor shops, distribution centers, and more. Interested parties should contact the Village of Homewood for a complete list of permitted uses. A significant advantage is the presence of a long-term lease with a cannabis dispensary, providing stable income. The property also benefits from a newly installed TPO rolled roof (August 2023), ensuring long-term structural integrity. Its prime location, just blocks from the soon-to-open Homewood Casino, promises increased foot traffic and visibility, enhancing its investment potential. The asking price for the entire building is $675,000, offering a compelling return on investment in a thriving market. This is a rare opportunity to acquire a versatile and well-maintained commercial property in a rapidly developing area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $580,000
- ML approach
- $540,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homewood
- County
- Cook
- State
- Illinois
- Longitude
- -87.6446
- Latitude
- 41.5713
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$125,928
$105,000
$129,735
$234,735
-
$420,000
$518,940
$938,940
