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    OFF-MARKET
    Retail space

    900 Rdg Rd, Homewood, IL 60430-1933

    0.68 ac lot Built 1979
    Trust Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US28-5307107
    Property summary
    AI-generated overview

    This exceptional three-story Class C office building, located at 900 Ridge Road in Homewood, Illinois, presents a compelling investment opportunity. Boasting a total of 17,963 square feet, the property offers multiple tenancy options, with a minimum divisible space of 63 square feet and a maximum contiguous space of 3,025 square feet. Currently, 7,585 square feet are available. The building comprises 12 individual suites, ideal for a variety of professional businesses. Built in 1980, this well-located property sits on a 0.68-acre lot in Cook County's Far South submarket, providing convenient access to major transportation routes and amenities. The building features convenient elevators for easy access to all three floors. The property's executive office subtype caters to businesses seeking a professional and efficient workspace. This is an excellent opportunity to acquire a well-maintained office building in a thriving area, offering significant potential for growth and return on investment. The address is 900 Ridge Rd, Homewood, IL 60430.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1979
    Lot 0.68 ac (29,408 SF)
    APN 29-32-401-018
    UPID US28-5307107
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • VOE Photography Studio (Bike/Boat/Book/etc) Store Photography Service
    • Makeup By Ladwina LLC, Cosmetic Store
    • Dollhouse Body Sculpting & Post Op Care Spa & Massage Center Gym & Fitness Center
    • Nicole Proctor American Family Insurance Insurance Agency
    • Lakesha Proctor American Family Insurance Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    The 900 Ridge Road Building Trust · 5 yrs held
    The 900 Ridge Road Building Trust
    since 2021
    Last sale
    $260,000
    7 recorded transactions
    2021
    $260,000
    2011
    $176,000
    2009
    2009
    2004
    2002
    $1.0M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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