3255 183rd St - Storefront Retail/Office FOR SALE


Homewood, IL 60430
$369,000 USD
312-428-0663
3255 183rd St, Homewood, IL for Sale
$369,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

3255 183rd St
Homewood, IL 60430


HIGHLIGHTS

  • Prime Central Location
  • Located 10 Mins from New Casino
  • High Traffic Count - Located less than a mile near I-80
  • Existing Commercial B-3 Zoning
  • Village of Homewood working with Heavy Redevelopment

OVERVIEW

Location: 183rd Street, Intersection of 183rd & Kedzie Zoning / Lot Size: B3 / 0.8 Acres Street Frontage: 132 ft x 264 ft Word is out in “Home Sweet Homewood” as area is transforming, with significant commercial expansions and redevelopments (2 retailers) and new outlots (Starbucks) a block away. Homewood and Hazel Crest are business-friendly and actively support economic growth, ensuring this location will become a bustling hub of activity. This opportunity is great value when comparing similar property sales nearby. Ownership truly believes this may be a once in a lifetime opportunity and is willing to stay involved “Home Sweet Homewood Forever” as owner/developer long term, with a willingness to partner and co-develop. Multiple village incentives are available to develop and enhance. Key Features: • Prime Commercial Location: Minutes from essential amenities, top-rated schools / Homewood Flossmoor, shopping, and major highways (I-90/94 and I-294). • Nearby Attractions: Close proximity to Advocate South Suburban Hospital, H-F School District, the upcoming Wind Creek Casino (opening late 2024), and multiple golf courses. • Transportation: Easy access to Amtrak/Metra (2 miles/5 minutes). Endless Potential and options: • Indoor Commercial Place of Assembly • Retail and Multi-tenant Shopping Center (less than 5,000 sq ft) • Coworking Space • Medical or Professional Office • Restaurant/Bar • Motor Vehicle Sales/Service • Artisan Manufacturing, Assembly, Fabrication • Electric Vehicle Charging Station • Solar Energy Collection System Requirements: • Proof of Funds or Pre-Qualified Mortgage • Listing Agent has Ownership Interest • Located in a mid to upper class south suburb of Chicago. Area has high disposable income. Amazon built new fulfillment center 10 min north. New construction residential and mixed use have been built within the last 3 years. • The smart buyer will buy with other successful owners, are you ready to join them • Buyers working without an agent should contact listing agent directly to purchase and get a deal moving forward.

FOR SALE DETAILS

PRICE

$369,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Dealership, Auto Repair, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

B3

APN/PARCEL ID

31-02-201-017-0000

ASK ABOUT THIS PROPERTY

John BonaguroReal EstateMore Info
312-428-0663

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John BonaguroReal EstateMore Info
312-428-0663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.