Park Place Plaza

17627-31 S. Halsted Street, Homewood, IL 60430

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 4,045 SF
  • Units 2
  • Lot Size 0.49 Acre
  • Parking Spaces Avail. 21
  • Property Tenancy Multi-Tenant
  • Year Built 1992
  • Year Renovated 2020
  • Date Updated Apr 17, 2026

Description

Discover the vibrant community surrounding Park Place Plaza. Located in Homewood, IL, this dynamic area is known for its diverse shopping, dining, and entertainment options. The property is within close proximity to the bustling downtown area, offering an array of charming boutiques, popular restaurants, and well-established local businesses. Nearby attractions include the Homewood Science Center, the Homewood-Flossmoor Park District, and the award-winning Irons Oaks Environmental Learning Center, providing ample opportunities for recreation and education. With its convenient location and thriving commercial landscape, the area surrounding Park Place Plaza offers an enticing opportunity for retail and street retail investors or tenants.Attention Retail / Street Retail investors! Don't miss out on this prime opportunity in Homewood, IL. This 4,045 SF building, with 2 units, is a gem built in 1992 and recently renovated in 2020, offering modern appeal and potential for high returns. Zoned B-4, it presents versatile investment options. With a 25.83% occupancy, there's ample potential to increase leasing and revenue. Take advantage of this sought-after location and capitalize on the strong prospects for retail and street retail businesses. Explore the possibilities this property holds for your investment portfolio!17627 - 1,500 sf (Former Subway) L-1 - The Former Subway Space is 1,500 sf in size, retail that is fully built out includes Walk in Cooler, Freezer, Coke Machine, Cold unit, Coffee Brewer, Bubbler, 4 Compartment Sink, Grease Trap. There is no hood as this was a former Subway Sandwich Shop. There is no drive thru at this location, and I am unknown if the village of Homewood would permit one.

1 Space Available

L-1 Former Subway - 17627

Space Type

Street Retail

Lease Rate

Contact for pricing

Total Space

1,500 SF

Divisible Space

1,500 - 1,500 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

L-1 - The Former Subway Space is 1,500 sf in size, retail that is fully built out includes Walk in Cooler, Freezer, Coke Machine, Cold unit, Coffee Brewer, Bubbler, 4 Compartment Sink, Grease Trap. There is no hood as this was a former Subway Sandwich Shop. There is no drive thru at this location, and I am unknown if the village of Homewood would permit one. Asking Rental Rate is $38.00 sf NNN, Est Tax - $14.42 sf, Est CAM - $8.16. Total monthly rent is $7,572.50. Tenants are responsible for their own utilities to the space.

Contacts

Anthony Baumer

Network Commercial Real Estate

Location

Contact Listing Broker
Anthony Baumer

Network Commercial Real Estate

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