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Financial
Distress signals
Property profile

2023 Rdg Rd Homewood, IL 60430

OFF-MARKET
Retail space
Property ID
US28-5222907
7,155 SF 0.2 ac lot Built 1938
Last sale Dec 2024 · $605,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$49k
Tax billed · 2022
Assessed value$92k
Assessed land$15k
Assessed improvement$77k
Effective rate53.65%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$405k
Submarket $/SF estimate$681k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.1
Pawn Shop10.1
Furniture Store9.5

Location

2023 Rdg Rd Homewood, IL 60430-1749
County assessor Recorded deeds · 15 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18215 Dixie, Homewood, IL 60430-2205 $105,000 Jun 2025 No data
18063 Dixie, Homewood, IL 60430-1738 $320,000 May 2025 No data
18237 Governors, Homewood, IL 60430 $2,644,000 Apr 2025 No data
18241 Governors, Homewood, IL 60430 $2,644,000 Apr 2025 No data
18233 Governors, Homewood, IL 60430 $2,644,000 Apr 2025 No data
3055 183rd, Homewood, IL 60430-2804 $1,500,000 May 2024 82,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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