17532 Dixie Hwy Homewood, IL 60430

This 7,500 square foot retail strip center, located at 17532 Dixie Hwy in Homewood, Illinois, presents a compelling investment opportunity. The property boasts four units, three currently occupied by established neighborhood retailers, and one vacant unit delivered as a warm shell. Tenants are responsible for their own utilities (heat, electric, and scavenger). Situated on a 0.58-acre lot (25,265 square feet), the center benefits from high visibility and accessibility, just off the heavily trafficked intersection of 175th Street and Dixie Highway, experiencing 14,237 vehicles daily. The property's B-2 zoning allows for a variety of uses. Ample parking is available for tenants and customers. The asking price is $595,000, translating to $79.33 per square foot. The property generates in-place income from existing tenants. Nearby major retailers include Walmart, Target, Menards, Portillo's, Jewel-Osco, and Home Depot, further enhancing the location's desirability. 2022 property taxes were $66,596.05 (currently under protest). This offering presents a unique chance to acquire a well-located neighborhood center with significant upside potential, whether for owner-occupancy or investment purposes.