Strip Mall

Homewood, IL Strip Malls for Sale

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Hazel Crest, IL Olympia Fields, IL Chicago Heights, IL Matteson, IL Country Club Hills, IL Glenwood, IL Park Forest, IL Tinley Park, IL
Multi-Tenant Retail Center For Sale
Updated: Nov 21, 2025
Multi-Tenant Retail Center For Sale

18320-18336 S Kedzie Avenue, Homewood, IL 60430

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12,675 sqft
High‑traffic location on Kedzie Avenue with pylon signage and 14,000+ vehicles per day visibility.
Located across from Jewel‑Osco and Ollie's Bargain Outlet, near Aldi, McDonald's, and other national retailers.
Value‑add opportunity to increase income by leasing up the currently 35% occupied space.
12,675 SF multi‑tenant neighborhood center in a dynamic and growing community.
Excellent regional connectivity via Metra, Amtrak, and major interstates, 22 miles from downtown Chicago.
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Retail
Updated: Dec 3, 2025
Retail

17860 Halsted St, Homewood, IL 60430

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7,019 sqft
100% Occupied by Starbucks (drive‑thru), AT&T, and Five Guys
Secure and Steady Cashflow
Located in Washington Park Plaza, the premier shopping destination in Homewood
Excellent Visibility with 200 Feet of Frontage on S Halsted Street**
Adjacent to National Retailers: Best Buy, TJ Maxx, Ross, and Old Navy
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Homewood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Iconic Oak Lawn Retail Opportunity
Iconic Oak Lawn Retail Opportunity

5540 W 95th St, Oak Lawn, IL 60453

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6,279 sqft

Landmark building with retail center in high-traffic area.

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Three-Unit Medical & Retail Strip
Three-Unit Medical & Retail Strip

3441-57 W 111 Street, Chicago, IL 60655

$575,000

Fully leased three-unit strip center with medical offices, a salon, and an insurance tenant with on-site parking.

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Retail Strip Center with Garages
Retail Strip Center with Garages

9732-9738 Southwest Highway, Oak Lawn, IL 60453

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Four-unit strip center with attached garages and gross leases; tenants pay utilities.

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Fully Rented Strip Mall with 3 Stores
Fully Rented Strip Mall with 3 Stores

12301 S Halsted St, Chicago, IL 60628

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Strip mall with three fully leased storefronts under gross leases generating $4,000 monthly rental income.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land Parcel
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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2.91 Acres Corner Location
2.91 Acres Corner Location

Lot 1 West Stuenkel Road, University Park, IL 60484

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2.91 AC lot

2.91 acres in Will County, corner location, industrial park.

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Corner Lot Strip Mall Opportunity
Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

The corner parcel accommodates concepts ranging from individual retail buildings to a multi-tenant strip center.

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Homewood, IL Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Homewood, IL on our real estate platform. These investment opportunities span a total of 19,694 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 8
Shopping centers 5

Demographics Overview

Population 30K
Population Growth (5Y) +0.0%
Median Household Income $105,736
College Educated 82.0%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Homewood fall within the 25,000 to 50,000 square foot range.

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