2023-2025 Ridge Rd | Homewood, IL 60430
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- LoopNet Team
2023-2025 Ridge Rd
Homewood, IL 60430
Ridge Road Mixed-Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Multi-tenant mixed-use retail building with 100% occupancy offering an investor the opportunity to acquire and implement a long-term hold strategy.
- Value-add opportunity in Homewood’s central business district at a highly visible corner location surrounded by several local retailers.
- The immediate community benefits from the Homewood Amtrak station that feeds into the City of Chicago.
- Ideally positioned with easy access to the I-294 and I-80 freeways from Halsted Road and Dixie Highway.
- Ownership has undertaken over $120,000 in capital improvements, including roof repairs, A/C and elevator installations, and more.
- Homewood is a densely populated suburban community with 199,431 residents in a five-mile radius and an average household income of $93,000 annually.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,600 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.41 AC
Zoning
B1 - Business District, Historic business district Downtown
AMENITIES
- 24 Hour Access
- Commuter Rail
- Corner Lot
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 29-31-311-020-0000 | Improvements Assessment | $125,951 |
| Land Assessment | $6,488 | Total Assessment | $132,439 |
PROPERTY TAXES
Parcel Number
29-31-311-020-0000
Land Assessment
$6,488
Improvements Assessment
$125,951
Total Assessment
$132,439
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