Price Reduction
Address
1131 175th Street, Homewood, IL
Price
$ 899,000
Property Attributes
  • MLS#11925024
  • TypeCommercial
  • CountyCOOK
  • CityHomewood
  • AreaHomewood
  • Zip60430
  • StyleCommercial
  • Year Built1985
  • Taxes$ 116000
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18200
  • Lot Size1.39353 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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.

Price History
11/8/2023 Listed $950,000
4/10/2024 6% - $899,000

General Features

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 Other
Tax Year 2021
Current Use Commercial,Other
Gross Income 288000
County Cook
Net Operating Income 152000
Operating Expense 136000
Property Type Commercial Sale
Possible Use Commercial,Industrial,Office and Research,Special Use
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 116000
Additional Parcels Y/N No
Leasable Area 9000
Virtual Tour https://tours.vht.com/BWI/T434344404/nobranding
Days on Market 159
Standard Status Active
Property Type Office/Tech

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 18200
Lot Dimensions 201 X 302
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60430

Price
AVG $340K
$900K
Taxes
AVG $54,710
$116,000
Visits
AVG 146
101
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1985
Walkscore
AVG 49
35
Data Provided by Walkscore® not using MLS data

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