1. Home
  2. > Search
  3. > Homes for Sale in Homewood
  4. > 18660 Dixie Highway S, Homewood, IL 60430
$1,750,000
10,289
square ft

18660 Dixie Highway S
Homewood, Illinois 60430

Active / MLS #12374939 / Commercial / Mixed Use / Homewood
Listing information updated 12/9/2025 at 6:03pm
Rare opportunity to own a well-established strip mall in the heart of Homewood, just 35 minutes from downtown Chicago and steps from the Metra train station. This multi-unit commercial complex includes: * 11 business suites, currently featuring successful long-standing tenants including an auto repair shop (25+ years), a former bakery (50+ years, closed during COVID but still equipped), a photo salon, dry cleaners (with equipment included), an insurance agency, and more. * 3 vacant units-perfect for owner-user or additional rental income. * Gross income in 2024: $150,000 with potential to reach $200,000-$250,000 when rents are brought to market. * Over 50 parking spots for customers and tenants. * Includes a single-family home converted to an office-easily reverted to residential use if desired. Family-owned for 70 years, this property has a legacy of success and offers a fantastic investment opportunity with solid cash flow and strong upside. Zoned commercial, multiple uses possible. Reach out today to schedule a showing of the three available units and explore the potential this property has to offer!
Built:
1959
Cooling System:
Central Air
Stories:
1
Current Use:
Commercial, Automotive
Potential Use:
Commercial, Office, Retail, Special Use, Other
Zoning:
COMMR
# of Offices:
1
Building Square Feet:
10,289
Current Net Income:
$93,209
Tax Amount:
$61,890
Tax Year:
2023
Zip Code:
60430
City:
Homewood
County:
Cook

Listing Office: Core Realty & Investments Inc.

Listing Office Phone: 224.235.4336

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/9/2025 at 6:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Homewood

Homewood, IL

Recognized by Forbes as one of the most livable suburbs, the Village of Homewood is a vibrant and distinguished community. Money magazine named Homewood was once named the third “Best Place to Live” out of 25 neighborhoods in the United States by Money magazine, and offers residents a fast commu...

Metra

Metra
Metra Electric Main Branch line at Homewood Station
$248,480
Average Sale Price
65
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 18660 Dixie Highway S, Homewood, IL 60430
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 18660 Dixie Highway S, Homewood, IL 60430

Like the area?

More homes for sale near 18660 Dixie Highway S, Homewood, IL 60430

New Listings in Homewood, IL

Recently Sold Homes in Homewood, IL

Nearby Homes for Sale

18660 Dixie Highway S, Homewood, IL 60430 is a commercial / mixed use currently listed at $1,750,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since May 25th, 2025 and was built in 1959. The nearest transit stops include Homewood Station Metra Metra Electric Main Branch line.

Mortgage Calculator