18220 Harwood Avenue

Homewood, IL 60430

$620,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Single Level 10,800 SF Multiple Tenant Mixed Use Office Building with business tenants and 1 Residential 2 Bedroom, 1 Bathroom Apartment Tenant. Great Investment opportunity for owner-users/investors. Very well kept clean office building conveniently located in Downtown Homewood close proximity to the Metra Train Station, Starbucks, Aurelio's Pizza, and everything else Downtown Homewood has to offer. Close proximity to all major highways.Single Level 10,800 SF Multiple Tenant Mixed Use Office Building with business tenants and 1 Residential 2 Bedroom, 1 Bathroom Apartment Tenant. Great Investment opportunity for owner-users/investors. Very well kept clean office building conveniently located in Downtown Homewood close proximity to the Metra Train Station, Starbucks, Aurelio's Pizza, and everything else Downtown Homewood has to offer. Close proximity to all major highways.
  1. Listed by Anthony Baumer • Matrix Realty Group LLC

Property Details for 18220 Harwood Avenue

Area
Homewood
Num Of Parking Spaces
24.0
Zoning
OFFIC

Location

Listing Courtesy of Matrix Realty Group LLC
Add your commute
LISTING UPDATED: 09/26/2023 12:06 AM

Property Details for 18220 Harwood Avenue

StatusActive
MLS #11884888
Days on Market425
Taxes$29,252 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1975
Lot Size0.52 AC / 22,443 SF
CountyCook County

Location

Listing Courtesy of Matrix Realty Group LLC
Add your commute

Building Information for 18220 Harwood Avenue

Stories-Residences10Year Built1975Lot Size0.52 AC / 22,443 SF

Payment Calculator

$5,821 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,384

Property Taxes

$2,438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18220 Harwood Avenue

General Information
Location and General Information
  • Geographic Locale: South Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 225X105
  • Lot Size Square Feet: 22443.0
  • Stories: 2
  • Exterior Building Type: Block, Stucco
  • Roof Type: Tar and Gravel
  • Fire Protection: Fire Extinguisher/s,Partially Sprinklered
  • Roof Structure: Mansard
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 10800
  • # Of Offices: 9
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 23
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $7,189.00
  • Fuel Expense: $5,671.00
  • Gross Income: $108,000.00
  • Gross Scheduled Income: $134,379.00
  • Insurance Expense: $3,981.00
  • Expense Year: 2022
  • Total Annual Expense Source: Actual
  • Net Operating Income Year: 2022
  • Other Expense Source: Combination
  • Total Monthly Income: 9000
  • Net Operating Income: $26,124.00
  • Operating Expense: $81,876.00
  • Other Expense: $30,963.00
  • Trash Expense: $3,838.00
  • Water Sewer Expense: $981.00

Property History for 18220 Harwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 18220 Harwood Avenue

Taxable ValueLand$15,886Additions$42,589Total$58,475
Tax Record2022$31,370 ($2,614 / month)
Home Facts
Lot Size22,695 SqFtStyleStoresYear Built1972CountyCOOKAPN29-31-312-029

Schools near 18220 Harwood Avenue

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.

Similar Homes

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18220 Harwood Avenue is a mixed use property for sale in Homewood, IL 60430. This property was listed for sale on September 20, 2023 by Matrix Realty Group LLC, it's currently listed at $620,000. It has been on the market for a total of 425 days and was last sold on May 2, 2019. This listing's school districts are Homewood Flossmoor Chsd 233 School District, Homewood School District 153. Nearby schools include Willow School, Winston Churchill School and James Hart School. 18220 Harwood Avenue is a 0-bed, 0-bath, mixed use property built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matrix Realty Group LLC

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.