18220 Harwood Ave, Homewood, IL 60430
- Mixed-use properties
- 10,800 SF
Current Use by Public Records
- Christopher J. Seidel, DDS / Dental Office
- Panio Law Offices / Law Firm
- The Spearman Firm, LLC / Law Firm
- South Suburban Housing Center / Charitable Organization / Social Service Agency
- Midwestern CFC / Charitable Organization
Property Details for 18220 Harwood Ave
- Year built
- 1975
- Property type
- Mixed-use properties
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 29, 2019 | — | 18220 Harwood LLC | — | Deed · related | $379k · Us Bank NA |
| May 15, 2019 | $505,000 | 18220 Harwood LLC | Ken Homewood LLC | Warranty Deed | — |
| Mar 30, 2018 | — | Ken Homewood LLC | — | Deed · related | $190k · Urban Partnership Bank |
| Sep 20, 2017 | — | Ken Homewood | 120 Elmhurst | Quitclaim Deed · related | — |
| Aug 22, 2017 | $160,000 | 120 Elmhurst LLC | Vfc Properties 18 LLC | Special Warranty Deed | $160k · Park National Capital Funding LLC |
Description
This exceptional 10,800-square-foot mixed-use building presents a compelling investment opportunity in the heart of vibrant Downtown Homewood, Illinois. The single-level property is currently occupied by multiple business tenants, generating consistent rental income, and includes a separate two-bedroom, one-bathroom residential apartment. This diverse tenant mix provides a stable and attractive return on investment. The building itself is exceptionally well-maintained and clean, reflecting pride of ownership. Its prime location offers unparalleled convenience, with immediate proximity to the Metra train station, providing easy access to Chicago and surrounding areas. Furthermore, the property enjoys a walkable location to a variety of amenities, including popular restaurants like Aurelio's Pizza and coffee shops such as Starbucks, along with all the other businesses and services Downtown Homewood offers. The strategic location also benefits from easy access to major highways, ensuring excellent connectivity for both tenants and owners. This property is ideal for owner-occupiers seeking a blend of income generation and personal workspace, or for investors looking for a strong, diversified income stream in a thriving downtown area. The building's current occupancy and desirable location make this a truly exceptional investment opportunity. The address is 18220 Harwood Avenue, Homewood, IL, and the asking price is $620,000.
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Location Insight
- Map
- Local Demand
- City
- Homewood
- County
- Cook
- State
- Illinois
- Longitude
- -87.66936
- Latitude
- 41.55856
