Closed
Last Sold Price
$205,000

2050 Ridge Rd, Homewood, IL 60430

Mixed UseProperty Type
0.06 acresLot Size
1907Year Built
4 carsParking Spaces

Description

Don't miss a great location in downtown Homewood, Il. Downtown Homewood is the place to be for your retail spot or professional office. The office/retail space is an open concept. There are hardwood floors, brick wall accents and a full wall of windows for abundant light through out. Handicapped access is located from the rear of the building. Upstairs there is a cute 2 bedroom apartment. There is a full basement. The entire building was totally remodeled in 2019. The apartment has been totally redone...Don't miss a great location in downtown Homewood, Il. Downtown Homewood is the place to be for your retail spot or professional office. The office/retail space is an open concept. There are hardwood floors, brick wall accents and a full wall of windows for abundant light through out. Handicapped access is located from the rear of the building. Upstairs there is a cute 2 bedroom apartment. There is a full basement. The entire building was totally remodeled in 2019. The apartment has been totally redone with new windows, new bathroom, enclosed porch sunroom with all new windows. There is a large deck off the apartment. The basement has new cement block walls, new floor and new steel entry door. There is parking in the rear of the building. You are steps from the METRA Electric Line. Each unit has separate utilities. There are laundry facilities in the basement for the apartment. This a great building for your business or investment. The Village of Homewood is doing a lot to promote their downtown area.

    Sold By Mark Groble

    • Listed by: Martin King 708.533.0687 mlking1950@comcast.net; marty.king@bairdwarner.com • Baird & Warner
    • Listed by: Susan Jenner 708.829.1820 susan.jenner@bairdwarner.com • Baird & Warner
    Listing closed: 06/01/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10923263
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    Recent comparable sales

    Median sold price

    $113,000

    Avg days on market

    575

    Sale-to-list ratio

    61.0%

    Homewood, IL

    9 comparable properties found

    a front view of a building with street view
    1/13
    1

    $2,400,000

    Sold 03/11/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.69
    Acres
    2

    $200,000

    Sold 12/12/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,600
    Square Feet
    Unavailable
    Acres
    3

    $113,000

    Sold 07/09/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    $80,000 | 19127 Crawford Avenue, Homewood, IL 60422
    1/6
    4

    $80,000

    Sold 06/17/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.92
    Acres
    5

    $80,000

    Sold 11/20/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,575
    Square Feet
    Unavailable
    Acres
    6

    $425,000

    Sold 11/12/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    5,300
    Square Feet
    Unavailable
    Acres
    7

    $105,000

    Sold 08/07/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,457
    Square Feet
    Unavailable
    Acres
    8

    $1,175,500

    Sold 12/17/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    4,614
    Square Feet
    Unavailable
    Acres
    9

    $100,000

    Sold 05/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,040
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $1,865 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,094

    Property Taxes

    $771

    HOA Dues

    $0

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    Property Information for 2050 Ridge Road

    Property Details

    • Taxes: $9,252 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Homewood
    • Township: Thornton
    • Air Conditioning Type: Central Air
    • Zoning: COMMR

    Building Information

    • Stories: 2
    • Residences: 2
    • Year Built: 1907
    • Lot Size: 0.06 AC / 2,500 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: South Suburban
    • Information: List Broker Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • Flooring: Carpet, Wood
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas,Operable Windows/Systems Vary-Call List Agt
    • # Of Refrigerators: 1
    • Misc Inside: Handicapped Access,Private Restroom/s,Basement,Laundry Room
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    • Misc Outside: Enclosed Porch,Handicapped Access,Sun Deck
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Air Conditioning, Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25X100
    • Lot Size Square Feet: 2500.0
    • Stories: 2
    • Exterior Building Type: Brick, Concrete
    • Construction: Brick, Concrete
    • Fire Protection: Alarm Monitored,Alarm On Site
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 1725
    • # Of Offices: 1
    • # Of Ranges: 1
    • # Of Stores: 0
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Office and Research, Retail
    • Buyer Financing: Conventional, Other
    • Public Document Count: 0
    • Photos Count: 23
    Miscellaneous
    • Location: Central Business District,Mixed Use Area,Public Transport Avail
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 11-02-2020

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 2
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Insurance Expense Source: Actual
    • Total Monthly Income: 0
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 2050 Ridge Road

    DateEvent & SourcePriceAppreciation
    Jun 1, 2021

    Sold

    MRED #10923263

    $205,000
    —
    May 28, 2021

    Sold (Public Record)

    Public Record #1466332389

    $205,000

    +3.4% / yr

    Apr 17, 2021

    Pending

    MRED #10923263

    —
    —
    DateEvent & SourcePrice
    06/01/2021

    Sold

    MRED #10923263

    $205,000
    05/28/2021

    Sold (Public Record)

    Public Record #1466332389

    $205,000

    +3.4% / yr

    04/17/2021

    Pending

    MRED #10923263

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2050 Ridge Road

    Taxable Value

    Land

    $1,000

    Additions

    $17,347
    Total$18,347

    Tax Record

    2023

    $8,785 ($732 / month)

    Home Facts

    Beds

    2

    Baths

    2.5

    Total Finished SqFt

    1,699 SqFt

    Above Grade Finished SqFt

    1,699 SqFt

    Stories

    2

    Lot Size

    2,500 SqFt

    Style

    Miscellaneous Residential

    Year Built

    1907

    Year Renovated

    1907

    County

    COOK

    APN

    29-31-307-006-0000

    Schools near 2050 Ridge Road

    This home is within Homewood Flossmoor Chsd 233 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 2
    Public - 3 to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Willow School
    PublicPK to 2

    Winston Churchill School
    Public3 to 5

    James Hart School
    Public6 to 8

    Homewood-Flossmoor High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 2050 Ridge Road, Homewood, IL 60430
    $205,000
    –
    –
    –
    2,500
    $160,000
    2
    2.5
    1,686
    2,500
    –
    –
    –
    9,405
    10,000
    –
    –
    –
    –
    7,500
    –
    –
    –
    16,668
    –
    –
    –
    –
    –
    2,250

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Baird & Warner

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/03/2021 06:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.