Properties

Features
: Central Air , Wall Sleeve
Address Map
US
IL
Cook
Homewood
60430
Martin
18154
Avenue
W88° 19' 58.9''
N41° 33' 35.8''
olive to martin to property
Homewood
Homewood
COMMR
Additional Information
Circuit Breakers
Circuit Breakers
7850
8
8
1075000
2
Village Realty Inc
Dustin Kooy
Financial
22932
Listing Information
940698
94291
MRED
Listing Information
Active
2026-06-14T05:06:04Z
2026-06-14T05:05:25Z
Property Description

Prime Mixed-Use Investment Opportunity in Downtown Homewood – 8-Unit Building. This well-maintained, all-electric mixed-use building is located in the heart of downtown Homewood, just steps from the Metra station, shops, restaurants, and village amenities. It features four ground-floor suites (900 sq ft each)-two professional offices and two residential units-plus four upper-level 2-bedroom/1.5-bath apartments (900 sq ft each). Most units have been recently updated. Stabilized gross rents project at $12,000 per month ($144,000 annually) once fully leased, with proven rents: offices at $1,400/mo each and apartments ranging $1,368-$1,795/mo. Owner pays water, garbage, sewer, snow removal, and lot cleaning; tenants pay their own electric. Annual expenses total $35,737 (utilities $9,600, insurance $4,795, taxes $21,342). The property includes local marketing services via EmpowerLinked a unique and growing marketing agency at no cost for one year. EmpowerLinked promotes your listing(s) for lease at other EmpowerLinked host locations, on social media and on digital radio. Contact us today to schedule a showing!

Commercial Sale For Sale

18154 Martin Avenue, Homewood, Illinois 60430

$999,999
Listing ID#12595175
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12595175
Price : $999,999
Year Built : 1968
Listing Status : Active
Property Sub Type : Mixed Use
Contact Agent