2023 Rdg Rd Homewood, IL 60430-1749
Property Lookup
Property profile & analytics
2023 Rdg Rd Homewood, IL 60430-1749
- Retail space
- 7,155 SF
- 0.20 lot acres
Property ID
US28-5222907
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
- Phoenix Railway Equipment Co / Freight Service / Logistics Company
- Be Well Studio / Alternative Medicine Practice / Spa & Massage Center
- siSTAR Circle, LLC / Wellness Program
- iTemps Solution / Employment Agency
- True Nature Integrative Health / Counselor / Massage Therapist
Property Details for 2023 Rdg Rd
- Year built
- 1938
- Lot size
- 0.20 lot acres
- Property size
- 7,155 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 29-31-311-020
- APU
- 2931311020
Description
This exceptional 600-square-foot creative office suite is located at 2023 Ridge Rd, in Homewood's historic business district, at the corner of Ridge Rd and Martin Ave. Recently renovated in 2023, the suite boasts new floors and fresh paint, offering a move-in ready space. It features a private office with a built-in (removable) desk and shelves, along with a private suite off an open showroom. The suite is one of five on the second floor of a two-story building, sharing the space with a diverse mix of businesses including massage therapists, a yoga studio, a boutique, and a wholesale railroad equipment specialist. Convenient amenities include private parking, an elevator, and a shared balcony. The building's prime location offers excellent visibility and foot traffic, situated just a block from the Amtrak/Metra station and across the street from new luxury apartments and the Stoney Point Grill. The property is part of Martin Ave Square, the heart of downtown Homewood, known for its community events and farmers markets. The building itself encompasses over 7,000 square feet, with three street-level storefronts and five upstairs suites. The B-1 zoning in Cook County ensures flexibility for various business types. This is the only vacant suite in the building, presenting a unique opportunity to establish your business in a thriving and growing community. Homewood's revitalization includes new restaurants, a casino, and ongoing improvements to the Amtrak/Metra station, further enhancing the area's appeal and potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $405,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $681,000
- AI Estimate
- $434,000
Market price range: $500k - $1.94MMarket price range: $301k - $1.10M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $870,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homewood
- County
- Cook
- State
- Illinois
- Longitude
- -87.6664
- Latitude
- 41.5614
- 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
$49,425
$15,137
$76,994
$92,131
-
$60,548
$307,976
$368,524
