Listing provided courtesy of Infiniti Properties, Inc.MREDas Distributed by MLSGrid- MLS# 12691308MLS Provider

18240 Harwood AvenueHomewood, IL 60430

Commercial · 16,585 Sq. ft.
$699,900 New

18240 Harwood Avenue Overview

Time on Site:
10 hours
Visits:
0

Call all investors .Former warehouse with office space - it was re-zoned by the village to MIXED USE. Approved for Built- out with commercial/ retail space downstairs (approx 17,000 sq ft- divisible) and 15 apartment units upstairs (900 to 1000 sq ft each) need to be build. Unique masonry Commercial building on Harwood Ave in Homewood, IL. Prime Location, Right near the intersection of 183rd and Harwood Ave. Currently the building is 16,585 square feet on the main level and 15,840 square feet in the basement. The building is a bi-level design with the main level partially above grade and the basement level partially below grade. Ceiling height is approx. 25 ft in the barrel truss section and 16 ft in the flat sections. The land site is 35,689 square feet, The Lot Diameter is 227 X 164.1 comprised of 3 lots. Currently there are two ground level loading drive in doors (1 DID 12 x12) and 1 small Side roll up door for delivery and a loading area, The building main level features approx. 3000 ft of office space, 4 private offices and kitchen lunch area, 4 Bathrooms, Currently Built out as an office and shipping warehouse, Full fire alarm and Sprinkler system, The Building has a Great signage area, classic facade, Side Paved parking lot for 20 Cars, Great demographics, Close to Local highways and public transportation The property presents the unique opportunity to acquire a stand-alone Commercial building in Homewood Ideal for a variety of commercial uses. Surrounding Area companies and business include. Aurelio's Pizza, Cadence Supply Co, Smithson Bancorp Planera Architects, Grady's Snack N' Dine, Blueberry Hill Pancake House, Pin numbers - 29-31-312-007, 012, & 020.

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18240 Harwood Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 16,585
  • Price/Sq.ft. $42

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1948

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Homewood

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $47,174.58
  • Tax Year: 2024

General Information

  • Parcel Number: 29313120070000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 16585

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Carpet, Concrete, Tile, Varies, Vinyl
  • Foundation Details: Concrete Perimeter
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street,Public Road,Township Road
  • Lot Size Dimensions: 227X164.1
  • Lot Size Square Feet: 35689
  • Water Source: Community Water, Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

18240 Harwood Avenue Neighborhood

Community

60430 (Homewood) Demographics

40
Median Age
2,878
Population Density (per sq. mile)
53%
College Educated
$80,056
Estimated Median Income
5,843
Estimated Total Home Owners
1,567
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

18240 Harwood Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18240 Harwood Avenue Market Data

Based on the last 30 days in this zip code

$240,504
Average List Price
$170
Average Price per Square Foot
24
Properties Sold
72
Average Days on Market
111
Properties for Sale
Calculations provided by Reliance Network

18240 Harwood Avenue History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026