


18154 Martin AvenueHomewood, IL 60430
Commercial18154 Martin Avenue Overview
- Time on Site:
- 97 days
- Visits:
- 0
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!
18154 Martin Avenue Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 12000
- Gross Scheduled Income: 144000
- Insurance Expense: 4795
- Operating Expense: 9600
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1968
Location/Region
- County Or Parish: Cook
- MLS Area Major: Homewood
Rent/Lease Information
- Tenant Pays: Electricity
Tax Information
- Tax Annual Amount: $22,932.00
- Tax Year: 2024
General Information
- Parcel Number: 29313130190000
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
General Information
- Cooling: Central Air, Wall Sleeve
- Electric: Circuit Breakers
- Stories: 2
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 7850
- Lot Size Square Feet: 7850
General Information
- Number Of Units Total: 8
18154 Martin Avenue Neighborhood
Community
60430 (HOMEWOOD) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.18154 Martin Avenue Monthly Cost
18154 Martin Avenue Market Data
Based on the last 30 days in this zip code
18154 Martin Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/13/2026Source: MRED | Active |
|
| 6/8/2026Source: MRED | $999,999 -7.0% |
|
| 6/8/2026Source: MRED | Price Change |
|
| 5/18/2026Source: MRED | Active |
|
| 5/13/2026Source: MRED | $1,075,000 -2.3% |
|
| 5/13/2026Source: MRED | Price Change |
|
| 4/16/2026Source: MRED | Active |
|
| 4/11/2026Source: MRED | $1,100,000 -2.5% |
|
| 4/11/2026Source: MRED | Price Change |
|
| 3/29/2026Source: MRED | Active |
|
| 3/24/2026Source: MRED | March 24, 2026 |
|
| 3/7/2026Source: MRED | Active |
|
| 3/2/2026Source: MRED | March 02, 2026 |
















































































