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0 Beds

$999,999

18154 Martin Avenue, Homewood IL, 60430

Price per sqftN/A
Built in1968
Property typeOther
Listed by Dustin Kooy with Village Realty Inc 815-954-1346

Overview

Under contract

Contingent

Listed Mar 24, 2026

Updated Aug 15

Prime Mixed-Use Investment Opportunity in Downtown Homewood - 8-Unit Building. This well-maintained, all-electric mixed-use building is located in the heart of downtown Homewood, just steps from the Metra station, shops, restaurants, and village amenities. It features four ground-floor suites (900 sq ft each)-two professional offices and two residential units-plus four upper-level 2-bedroom/1.5-bath apartments (900 sq ft each). Most units have been recently updated. Stabilized gross rents project at $12,000 per month ($144,000 annually) once fully leased, with proven rents: offices at $1,400/mo each and apartments ranging $1,368-$1,795/mo. Owner pays water, garbage, sewer, snow removal, and lot cleaning; tenants pay their own electric. Annual expenses total $35,737 (utilities $9,600, insurance $4,795, taxes $21,342). The property includes local marketing services via EmpowerLinked a unique and growing marketing agency at no cost for one year. EmpowerLinked promotes your listing(s) for lease at other EmpowerLinked host locations, on social media and on digital radio. Contact us today to schedule a showing!

$6,653/mo

Est. mortgage payment based on a $999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12595175

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$22,932
Tax Frequency
Annually
MLS provider logo

Listed by Dustin Kooy with Village Realty Inc 815-954-1346

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Data is refreshed every 3 hours. Listing last updated 3:44 AM UTC on 8/15/2026. 

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