Value-Add | Westwood Office Plaza

18141 Dixie Highway Homewood, IL 60430

18141 Dixie Highway, Homewood, IL, 60430
18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430 18141 Dixie Highway, Homewood, IL, 60430
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$1,145,000
Last Verified:
Dec 09, 2024

Daily Email Blast
0 times


Highlights


Description

SVN Chicago Commercial is pleased to present the ±13,410 SF Office Opportunity on 1.08 AC in the heart of Homewood, Illinois. This 14-unit office is 90% occupied by various long-term businesses. This well-maintained building has wet sprinkler fire system with sprinkler main value replaced, newer fire panel, HVAC less than ten years old, new roof in 2017, basement storage, individually electric metered units, a new water heater, pylon signage, and over 135 feet of frontage on Dixie Highway, double lot parking. Zoned B-1 Central Business District. Well maintained and no capital improvements are necessary.

SVN is pleased to present 18141 Dixie Highway, a ±13,400 SF Office Building located in the heart of Homewood, Illinois. This 90% leased, two-story property features a ±1.0 AC parking lot. Last remaining unit is ±1,350 SF with lobby, 3 offices, conference room, and kitchenette on the ground floor.

The village of Homewood is in Cook County, Illinois. Homewood is approximately 28 miles south of Chicago. Easy access to I-294, I-80 and I-57. A 15-minute walk to the Homewood Metra Station.


Year Built: 1966
Building Size: 13410sq ft
Building Class: C
Lot Size: 1.08 acres


Documents

NEW - Sales Brochure OM 2024
SVN - Lease Brochure

Units for Lease

106
Space Available: 1350 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $21.00

Map of 18141 Dixie Highway, Homewood, IL, 60430

Presented by:
SVN | Chicago Commercial

Request additional information
Karen Kulczycki


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.