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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Active (For Sale)
Type: Commercial
Year Built: 1959
MLS ID: 12374939


Overview
Photos (53)
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Rare opportunity to own a well-established strip mall in the heart of Homewood, conveniently located just steps from the Metra train station and approximately 35 minutes from downtown Chicago. This multi-unit commercial property features 11 business suites with a strong mix of long-standing tenants, including an auto repair shop (25+ years), former bakery (50+ years, closed during COVID but still equipped), photo salon, dry cleaner (equipment included), insurance agency, and more. The property also offers 3 vacant units, ideal for an owner-user or additional rental income. 2024 gross income of $150,000, with upside potential to $200,000-$250,000 as rents are brought to market. All-new roof installed in 2025, providing added value and reduced future expenses. Additional highlights include over 50 parking spaces and a single-family home converted to office use, which can be reverted back to residential if desired. Zoned commercial with multiple use possibilities. Family-owned for 70 years, this property presents a solid investment with stable cash flow and strong upside potential.

Courtesy Of: Core Realty & Investments Inc.


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
05/25/2025

Exterior Features and Amenities


Lot Size Dimensions:
255X255

Financial


Days On Market:
244
Tax Annual Amount:
$61,890.29
Tax Year:
2023


Directions


80-E , exit 4 for Dixie Hwy turn left to stay on Dixie HWY

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate 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.
Data last updated: 2026-01-24
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The information presented here is deemed reliable, though not guaranteed.
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