PRICE REDUCED! 18201 Dixie Highway - Retail Building for Sale

Listing was updated at: 12/10/2019
Property Overview
Price/Rent PSF $ 550,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 19,540
Date Available 08/01/2019
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Parking 58
Floors 1
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This 19,540 sf multi-tenant retail center is located 25 miles south of the Chicago Loop, in close proximity to all major Illinois highways, including I-80, I-94, I-294, and I-57. Downtown Center is well-located with great visibility on Dixie highway just north of 183rd Street and is home to restaurant destination Fratello's Imports & Eatery. The Property is within walking distance of Homewood's vibrant downtown shopping area and adjacent to local favorite Mitchell's Ice Cream Parlor.

PRICE REDUCED! 18201 Dixie Highway in Homewood is a mixed use office and retail building and is in close proximity to downtown Homewood and the Homewood Metra station. The Property appeals to tenants seeking visibility along the well traveled Dixie Highway which is only minutes from the full four-way interchange at I-294. Developed in 1940 and renovated in 1997, the Property offers both street frontage and private entrances for select spaces. The Property is functionally designed with the ability to accommodate small to large tenants, with current tenancy ranging from just under 1,400 square feet to over 7,000 square feet. The Property is extremely well-parked with 58 spaces on site along with street parking. A stabilized rent roll and low capital requirements make this an ideal investment well into the future.