Price Reduction - Seller Financing
Address
3323 183rd Street, Homewood, IL
Price
$ 298,000
Property Attributes
  • MLS#11978312
  • TypeCommercial
  • CountyCOOK
  • CityHomewood
  • AreaHomewood
  • Zip60430
  • Style
  • Taxes$ 48405
  • Price$ 298,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5560
  • Lot Size0.359894 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

WOW!! Here an exceptional opportunity awaits you in the form of a 5,560 square foot building that seamlessly blends functionality with prime location. This very well maintained property is currently home to a thriving salon suite business and barbershop that offers an array of possibilities for the savvy investor (~16% CAP RATE! WOW) or entrepreneur looking to make their mark in this vibrant community. The options are truly limitless so bring your imagination. As you step inside, you'll be greeted by a stylish and inviting interior that shows professionalism and charm. The layout is thoughtfully designed to accommodate the needs of both clients and employees, with ample space for various salon/beauty services and barber stations. The large and open floor plan allows for flexibility in design and layout, making it easy to customize the space to suit your specific vision and requirements. The building boasts large windows that flood the space with natural light, creating a welcoming atmosphere that encourages relaxation and rejuvenation. Whether your clients are visiting for a haircut, a manicure, or even a massage, they'll feel right at home in this modern and inviting setting. Outside, the property features ample parking for clients and staff, ensuring convenience and accessibility for everyone. Situated in the bustling commercial zoning of Homewood will give your business excellent visibility. This one of a kind building offers tremendous exposure for any business looking to make a splash in the local market. With its prime location, versatile layout, and great condition, this 5,560 square foot building presents a truly rare opportunity to own a piece of Homewood's thriving business community. Whether you're looking to expand an existing business or embark on a new venture, this property has the potential to be the cornerstone of your success. Don't miss your chance to make your mark in this dynamic and growing market. Schedule a viewing TODAY and see the endless possibilities for yourself before it's too late. ** PLEASE SEE 3D/VIRTUAL TOUR AVAILABLE. All interested parties please refrain from visiting the premises without prior arrangement and authorization.** Seller is open to Seller Financing with a minimum $75,000 down payment/option fee.

Price History
2/10/2024 Listed $345,000
4/8/2024 2% - $340,000
4/29/2024 13% - $298,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Electric Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories 3
Township Rich
Property SubType Other
Tax Year 2022
County Cook
Net Operating Income 56000
Insurance Expense 2880
Property Type Commercial Sale
Status Price Change
Directions Kedzie to 183rd. Drive Westbound,property on South side of 183rd
City Homewood
MLS Area Homewood
Lot Size Square Feet 15677
Street Name 183rd
Tax Annual Amount 48405.1
Water Sewer Expense 2100
Additional Parcels Y/N No
Leasable Area 5561
Virtual Tour https://unbranded.youriguide.com/3323_183rd_st_homewood/
Days on Market 80
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 5560
Lot Dimensions 15677

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
$300K
Taxes
AVG $54,710
$48,405
Visits
AVG 146
44
Data Provided by Inside Real Estate®

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