1131 175th Street Homewood, IL ^$ 899,000

1131 175th Street

^$ 899,000

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1131 175th Street

Homewood, IL, 60430

^$ 899,000

Studio Baths0.0 Sq 18,200

Monthly Estimate*

^$ 6,280

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Studio

Commercial Property for sale in Homewood, IL

for $899,000. This 18,200 square foot building was built in 1985 on a lot size of 1.39353.

Multi tenant building with long term lease with Cannabis Dispensary. Building is divided into 8 separate offices with 3 units having drive in doors to the rear providing a unique office/storage feature for contractors or distributors. Building located in M-1, manufacturing zoning which offers many options for occupancy, office, contractor shop, distribution, tattoo shop, medical - contact the Village for all approved uses. New TPO rolled roof installed August 2023. Located just a few blocks from soon to open Homewood Casino.

Commercial Active

Price

^$ 899,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 113,000

Style

Commercial

Lot Size

1.39353

Year Built

1985

Town/City

Homewood

County/Region

Cook

MLS | Web ID

11924978

Features

General

Cooling Central Air

Roof Membrane

Zoning MANUF

Construction Materials Brick Concrete

Year Built 1985

Electric Circuit Breakers Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat Janitorial Service Scavenger

Stories 1

Property SubType Neighborhood Storefront Other Restaurant

Tax Year 2021

Current Use Commercial Other

County Cook

Net Operating Income 149944

Property Type Commercial Sale Retail/Stores

Status Active

Directions I-80 to Halsted south to 175th St west to property.

City Homewood

Total Units 8

MLS Area Homewood

Lot Size Square Feet 60702

Street Name 175th

Tax Annual Amount 113000

Additional Parcels Y/N N

Leasable Area 0

Virtual Tour https://tours.vht.com/BWI/T434344404/nobranding

Days on Market 161

Standard Status Active

Exterior

Building Area Total 18200

Lot Dimensions 201 X 302

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Baird & Warner

Broker

mark.wright@bairdwarner.com

Affordability Calculator

$15,696

Per Month

Monthly Principal & Interest: $6,280
Monthly Property Taxes: $9,417
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Homewood, IL

Average List Price ^$778,250

Percent of Sale Price 13%

About Homewood, IL

18,916 Population

-3% Since 2002

^$70,777 Median Income

42.14 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$899,000	-5.37%	Price Down
11/6/2023	$950,000		Listed Price

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1131 175th Street, Homewood, IL, 60430 is a Commercial Property for sale at $899,000 with 18,200 sqft and a lot size of 1.39353. 1131 175th Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 60430 which is in Homewood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/17/2024.

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1131 175th Street

Commercial Property for sale in Homewood, IL

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