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18660 Dixie S Highway, Homewood, IL 60430
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$1,690,000
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Home Details for 18660 Dixie S Highway
Price
$1,690,000
Type
Commercial/Industrial
Year Build
1959
County
Cook
Tax
$61,890.29
MLS®️ Listing#
12374939
On exitrealty.com
237 days
Property Description
Rare opportunity to own a well-established strip mall in the heart of Homewood, just 35 minutes from downtown Chicago and steps from the Metra train station. This multi-unit commercial complex includes: * 11 business suites, currently featuring successful long-standing tenants including an auto repair shop (25+ years), a former bakery (50+ years, closed during COVID but still equipped), a photo salon, dry cleaners (with equipment included), an insurance agency, and more. * 3 vacant units-perfect for owner-user or additional rental income. * Gross income in 2024: $150,000 with potential to reach $200,000-$250,000 when rents are brought to market. * Over 50 parking spots for customers and tenants. * Includes a single-family home converted to an office-easily reverted to residential use if desired. Family-owned for 70 years, this property has a legacy of success and offers a fantastic investment opportunity with solid cash flow and strong upside. Zoned commercial, multiple uses possible. Reach out today to schedule a showing of the three available units and explore the potential this property has to offer!
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Listing Courtesy: Core Realty & Investments Inc. - 224-235-4336
Based on information submitted to the MLS GRID as of 2026-01-04 00:30:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2026-01-04 00:30:36
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$1,690,000
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