1941 Ridge Road, HOMEWOOD, IL 60430
Listing Presented By
Weichert, Realtors - The Raines Group
Retail/Stores - HOMEWOOD, IL
11% CAP RATE!!! Great investment property in downtown Homewood! Fully occupied 4000 sf retail building has a tenant with a 5 year lease. Tenant pays for all utilities, including water and garbage, and repairs and maintenance (except for structural items). Parking for 6 cars behind the building. Taxes are approximately $20,000. Owner is responsible for taxes and building insurance. Great location on Ridge Road in downtown Homewood. 2 blocks from Metra station, 1 block to boutique hotel/restaurant.. Excellent location close to train station, new boutique hotel, I-80 and I294. 2 PIN's associated with property - taxes reflect both PIN #'S.
Built In: 1960
Last Updated: July 14, 2017
Posted: March 16, 2016