18699 Dixie Hwy, Homewood, IL
Shopping Center for Sale - $1,200,000 - 8,800 Sq. Ft. on 12000 acres
Agent Info
Vivek Pinto |
Property Info
CIMLS# | 1149379 |
Location 18699 Dixie Hwy Homewood IL 60430 | |
Updated | September 30th, 2023 |
Type | Shopping Center |
Price | $1,200,000 |
Building | 8,800 Sq. Ft. |
Land | 12000 acres |
Property Description
This renovated and remodeled, solid brick and cinder block building has a newer barrel roof. It has new electrical & plumbing and is minutes to the Central Business District in Downtown Homewood. With over 9k vehicles driving by. at a busy intersection with stop lights. There are lots of adjoining businesses such as insurance agencies, events planning, jewelers, convenience store, restaurants, financial services, auto repair, gyms, chiropractor, ice cream store and more.
Enjoy a well-maintained, mixed use property with below market rents and high cap rate. Building has received a lot of upgrades over the last ten years including newer HVAC units, roof, upgraded electrical wiring and circuit breaker boxes, water heaters and interior finishes. New fire alarm system has been installed to bring it to code. Upper floor is residential (added in 2018) and lower floor is retail. All units are rented with internet resistant businesses (chiropractor, restaurant, salon, party, residential).