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Homewood Center 18320-18336 S Kedzie Ave 12,675 SF 100% Leased Retail Building Homewood, IL 60430 For Sale



INVESTMENT HIGHLIGHTS
- 12,000+ SF center located along the east side of Kedzie Avenue, just south of 183rd Street, with over 32,000 VPD at the intersection
- Pylon signage fronting Kedzie Avenue provides visibility and exposure to over 14,000 VPD
- Value-add opportunity with the ability to add value through lease-up and stabilization
- Located directly across the street from Jewel- Osco and Ollie's Bargain Outlet and within the immediate viciinity of several national retailers
EXECUTIVE SUMMARY
12,675 SF multi-tenant neighborhood center located along the west side of Kedzie Avenue, just south of 183rd Street, in Homewood, IL (Chicago MSA). The center is located directly across the street from Jewel-Osco and Ollie's Bargain Outlet and is adjacent to U.S. Bank to the north and Car -X Tire & Auto to the south. There are several national retailers in the immediate vicinity including Aldi, McDonald's, Dollar Tree, Chase Bank, Walgreens, Starbucks, and Burger King, among others. The center is currently 35% leased to a mix of local Tenants including JJ Fish, Charm Cleaners, and Shining Salon, among others. Pylon signage fronting Kedzie Avenue provides visibility and exposure to over 14,000 VPD.
Sale Price: Subject to Offer
Building Size: 12,675 SF
Occupancy: 34.7%
Lot Size: 0.95 Acres
Year Built: 1979
Traffic Count: Approx. 14,400 VPD
Submarket South Chicago Suburbs
Market Chicago
Sale Price: Subject to Offer
Building Size: 12,675 SF
Occupancy: 34.7%
Lot Size: 0.95 Acres
Year Built: 1979
Traffic Count: Approx. 14,400 VPD
Submarket South Chicago Suburbs
Market Chicago
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,675 SF
Building Class
C
Year Built
1979
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.95 AC
Frontage
192’ on S Kedzie Ave
AMENITIES
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-02-201-025-0000 | Improvements Assessment | $158,985 |
| Land Assessment | $31,047 | Total Assessment | $190,032 |
PROPERTY TAXES
Parcel Number
31-02-201-025-0000
Land Assessment
$31,047
Improvements Assessment
$158,985
Total Assessment
$190,032
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Homewood Center | 18320-18336 S Kedzie Ave
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