18154 Martin AVE, Homewood, IL 60430
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18154 Martin AVE, Homewood, IL 60430
18154 Martin AVE, Homewood, IL 60430
18154 Martin AVE, Homewood, IL 60430
18154 Martin AVE, Homewood, IL 60430
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 999,999
Est. payment /mo
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Active Under Contract

18154 Martin AVE Homewood, IL 60430

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12595175

Year Built 1968

Annual Tax Amount $22,932

Tax Year 2024

Lot Dimensions 7850

Property Sub-Type Mixed Use

Property Description

Prime Mixed-Use Investment Opportunity in Downtown Homewood - 8-Unit Building. This well-maintained, all-electric mixed-use building is located in the heart of downtown Homewood, just steps from the Metra station, shops, restaurants, and village amenities. It features four ground-floor suites (900 sq ft each)-two professional offices and two residential units-plus four upper-level 2-bedroom/1.5-bath apartments (900 sq ft each). Most units have been recently updated. Stabilized gross rents project at $12,000 per month ($144,000 annually) once fully leased, with proven rents: offices at $1,400/mo each and apartments ranging $1,368-$1,795/mo. Owner pays water, garbage, sewer, snow removal, and lot cleaning; tenants pay their own electric. Annual expenses total $35,737 (utilities $9,600, insurance $4,795, taxes $21,342). The property includes local marketing services via EmpowerLinked a unique and growing marketing agency at no cost for one year. EmpowerLinked promotes your listing(s) for lease at other EmpowerLinked host locations, on social media and on digital radio. Contact us today to schedule a showing!

Location

State IL

County Cook

Area Homewood

Zoning COMMR

Interior

Cooling Central Air, Wall Sleeve

Fireplace N

Building

Dwelling Type Mixed Use

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dustin Kooy of  Village Realty Inc 

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

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18154 Martin AVE

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