Active
18660 Dixie Highway
Homewood, IL 60430
$1,690,000 ▼ $60,000 from $1,750,000
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1959
Lot size—
Annual tax$61,890.29
CountyCook
MLS #MRD12374939
Days on market336
Features
Cooling
Central Air
Construction
BrickConcreteBlock
Listed by
Core Realty & Investments Inc.
Olga Kaminska · 312-477-6806
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/25/2026, 8:39:33 AM. All data should be independently verified.
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