1820 Ridge Rd - Office FOR SALE


Homewood, IL 60430
$3,400,000 USD
708-860-8589
1820 Ridge Rd, Homewood, IL for Sale
$3,400,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1820 Ridge Rd
Homewood, IL 60430


HIGHLIGHTS

  • Constructed of brick, block, and steel, with original construction in 1973 and a 1996 renovation.
  • Situated on a 1.18-acre lot with ample on-site parking.
  • Fully sprinklered building with gas forced-air heating.
  • Located in Downtown Homewood with close proximity to restaurants, shops, and major amenities.

OVERVIEW

1820 Ridge Road is a 49,098 SF multi-tenant office building located in the downtown Homewood, Illinois submarket. The three-story brick, block, and steel building sits on a 1.18-acre site and benefits from strong visibility and walkability to surrounding restaurants, shops, and local amenities. The property is professionally managed, fully sprinklered, and offers convenient access to Metra Electric and Amtrak stations, as well as I-80 and I-294. Zoned B-2, the asset is well suited for an owner-occupant or investor seeking a well-located office building in a vibrant suburban downtown. The property is offered for $3,400,000, with owner financing available, and a rent roll available by request.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

B2

APN/PARCEL ID

29-31-401-040-0000

ASK ABOUT THIS PROPERTY

Chris WilburEntre Commercial Realty LLCMore Info
708-860-8589

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Chris WilburEntre Commercial Realty LLCMore Info
708-860-8589

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