Prime Downtown Homewood Opportunity - Over 7,000 SF Commercial Building Offered by long-time owners, this expansive 7,000+ square foot commercial property is currently configured as a dance studio and ready for its next chapter. Located in the heart of downtown Homewood, this property offers exceptional visibility, accessibility, and flexibility. The building features two large studio spaces, multiple offices, and ample storage areas, making it ideal for a wide range of business uses - from fitness and wellness to creative or professional services. Enjoy the convenience of private parking for 20+ vehicles in the adjacent lot - a rare find in the downtown area. Zoning: B-2 (Business District) Parking: 20+ spaces Floor Plans: Available upon request Closing: Flexible / negotiable Pricing: Reflects current condition and tremendous potential Discover the possibilities for your next business venture or investment. Schedule your private showing today!
| Listing Id: | 12513092 |
|---|---|
| Property Type: | Commercial Sale |
| Status: | Active |
| Lot Size Square Feet: | 13,410 |
| County Or Parish: | Cook |
| Postal Code: | 60430 |
| Total # Units In Building: | 1 |
| Additional Parcels?: | Yes |
| Basement: | false |
| Cooling: | Central Air |
| Electric: | Service - 201 to 600 Amps |
| Agent Owned/Interest (Y/N): | No |
| Information: | None |
| Investment (Y/N): | No |
| Market Code: | Active |
| # Of Tl Docks: | 0 |
| Outdoor Parking: | 19-30 Spaces |
| Property Offered: | For Sale Only |
| Update Date: | 2026-08-24T05:05:18 |
| Unincorporated (Y/N): | No |
| Parcel Number: | 29314080160000 |
| State Or Province: | IL |
| Township: | Thornton |
| Lot Size Source: | County Records |
| List Price: | $579,900 |
|---|---|
| Property Type: | Retail/Stores |
| Parking On Site: | No |
| Tax Annual Amount: | $43,472 |
| City: | Homewood |
| Year Built: | 1948 |
| Association Fee Frequency: | Not Applicable |
| Building Area Total: | 7162 |
| Current Use: | Other |
| Directions: | From Dixie Hwy & Flossmoor Rd Head North. Take a right to head east on Ridge Rd. Building will be on the right (south) side of the road. Pull into the parking lot to the east of the building. |
| Frontage Type: | Public Road |
| Lot Size Dimensions: | 129x104x128x104 |
| MLS Area Major: | Homewood |
| Financial Amounts For Individual Spaces (Rental Only) (Y/N): | No |
| Financial Amounts For Total Building (Rental Only) (Y/N): | Yes |
| # Of Drive In Doors: | 0 |
| Fire Protection: | Alarm On Site |
| Heat/Ventilation: | Forced Air, Gas |
| List Price Per Sf: | 80.97 |
| Min Avail Sq Ft (Rentable): | 0 |
| Special Assessments: | N |
| Unit Square Footage: | 7162 |
| Original List Price: | $699,900 |
| Possession: | Closing, Negotiable |
| Stories: | 1 |
| Tax Year: | 2023 |
| Zoning: | COMMR |
| Actual Status: | Active |
| Back On Market Date: | 2026-04-29 |
Listing Courtesy of: Village Realty, Inc.
Listing Agent: Michael Glenn
708-263-5869
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Information deemed reliable but not guaranteed.
Midwest Real Estate Data LLC data last updated on October 08, 2026 04:15 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:15 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:15 PM - CT
