9.73% Cap | 3 Retail Units for Sale

2015-2021 Ridge Road, Homewood, IL

$465,000

Price

9.73%

Cap Rate

$45,230.57

NOI

Overview
Cap Rate
9.73%
NOI
$45,230.57
Building Size
5,000 sqft
Lot Area
0.21 acres
Occupancy
100%
Units
3
Year Built
1930
Description

SVN Chicago Commercial is pleased to present 2015-2021 Ridge Road, Three (3) Retail Unit Storefronts 100% Occupied in Homewood, Illinois. These +/- 5,000 SF storefronts have an open concept, picture windows, restroom, storage and parking spaces behind the store. Incredible location in the Heart of Homewood, across from Martin Square and new construction of the Hartford Building. The Hartford Building is a four-story mixed-use building with 36 residential apartments.
Homewood is also home to the Four-Diamond Casino development project. The Ridge Road Retailers include The Village Door, Shear Eminence Salon, Van Sipma's Jewelers, Bottle & Bottega Art, Homewood Federal Credit Union, Tin Ceiling Tavern, Mary's Health Hut, and more.

The Village of Homewood is ideally situated within Chicago’s growing south suburbs. Part of Cook County, Homewood is positioned just 25 miles outside of the Loop and all of its culture, entertainment, shopping and dining. The community’s strategic location places it in the midst of the Chicagoland area’s extensive transportation network of highways, railways, public transportation and airports.

Highlights
  • 100% Occupied Three Storefronts
  • Downtown Homewood
  • +/- 1,400 to 2,200 SF Unit Sizes
  • Frontage on Ridge Road
  • Steps to the Metra
Documents

Location
Gallery