Homewood, Cook County, IL Commercial Real Estate for Lease and Sale

Explore 11 listings of Homewood commercial real estate for lease and for sale to find the best space for your business.

9.73% Cap | 3 Retail Units for Sale

2015-2021 Ridge Road, Homewood, IL
Property

Retail

5,000 SF
Year Built

1930
For Sale

$465,000
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18209 Dixie Highway

18209 Dixie Highway, Homewood, IL
Property

Retail

7,600 SF
Availability

1 Space

7,600 SF
For Lease

$17.50/SF/YR
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Automotive Building or Pad Site For Lease

17935 Halsted Street, Homewood, IL
Property

Retail

7,300 SF
Availability

1 Space

7,300 SF
For Lease Contact for pricing
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2000-2010 W. 183rd St.

2000-2010 W. 183rd St., Homewood, IL
Property

Retail

7,085 SF
Availability

1 Space

4,997 SF
For Lease Contact for pricing
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17855 S. Halsted Street

17855 Halsted St, Homewood, IL
Property

Retail

4,364 SF
Availability

1 Space

4,364 SF
Year Built

1974
For Lease Contact for pricing
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100% Occupied | Heart of Homewood | Westwood Office Plaza For Sale

18141 Dixie Highway, Homewood, IL
Property

Office

13,410 SF
Year Built

1966
For Sale

$1,145,000
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900 Ridge Road

900 Ridge Rd, Homewood, IL
Property

Office

17,963 SF
Availability

12 Spaces

7,585 SF
Year Built

1980
For Lease Contact for pricing
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17200 Palmer Boulevard

17200 Palmer Boulevard, Homewood, Hazel Crest, IL
Property

Industrial

40,000 SF
For Sale

Subject To Offer
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Downtown Center

18159 Dixie Hwy, Homewood, IL
Property

Office

1,250 SF
Availability

1 Space

1,250 SF
For Lease

$20.00/SF/YR
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17550 Halsted Street

17550 Halsted Street, Homewood, IL
Property

Retail

201,100 SF
Availability

1 Space

186,032 SF
Year Built

1992
For Lease Contact for pricing
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17200 Palmer Boulevard

17200 Palmer Boulevard, Homewood, Hazel Crest, IL
Property

Industrial

40,000 SF
Availability

1 Space

40,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Homewood commercial real estate market incorporates 32,623 square feet of office space across 3 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Homewood commercial real estate market includes 232,449 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Homewood market, there is a total of 80,000 square feet of industrial property.
The listing inventory in Homewood incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Homewood is represented by Retail space, which accounts for 210,293 square feet of available listings. Industrial space available in Homewood adds up to 40,000 square feet.

Meanwhile, most of the listings of commercial property for sale in Homewood are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Homewood, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $30 per square foot.

Conversely, the highest sale price last year was $1,015,500 that is located at 17475 Jovanna Drive.
The average size of a commercial property in Homewood depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Homewood, the average size of an office property is 10,875 square feet.
- Retail properties here incorporate an average of 38,742 square feet.
- Industrial space in Homewood is in buildings that are, on average 40,000 square feet in size.

Homewood, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Homewood currently add up to 259,128 square feet. The market offers 2 active office listing(s), which amount to 8,835 square feet and account for 25% of commercial spaces on the market. Local retail availability includes 210,293 square feet across 5 retail space(s). Industrial space for rent opportunities in Homewood amount to 40,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	8,835
Retail	5	210,293
Industrial	1	40,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Homewood, Cook County, IL. Currently, there is 58,410 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	13,410
Retail	1	5,000
Industrial	1	40,000

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Homewood, Cook County, IL Commercial Real Estate for Lease and Sale

9.73% Cap | 3 Retail Units for Sale

18209 Dixie Highway

Automotive Building or Pad Site For Lease

2000-2010 W. 183rd St.

17855 S. Halsted Street

100% Occupied | Heart of Homewood | Westwood Office Plaza For Sale

900 Ridge Road

17200 Palmer Boulevard

Downtown Center

17550 Halsted Street

17200 Palmer Boulevard

Frequently Asked Questions

Homewood, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Homewood, Cook County, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Homewood, IL?

What factors affect the price of commercial real estate in Homewood, IL?

What are the best areas for commercial real estate in Homewood, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Homewood, IL?

Homewood, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us