Westwood Office Plaza | 18141 Dixie Hwy
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Westwood Office Plaza 18141 Dixie Hwy
13,410 SF 90% Leased Office Building Homewood, IL 60430 £898,149 (£67/SF)
Investment Highlights
- ±13,410 SF Partial Two-Story Office on 1.08 AC
- 14 Units | Long Term Tenants | 58+ Parking Spaces
- Below Replacement Cost | Dixie Highway Frontage
- Redevelopment Opportunity | Value-Add
- Basement Storage | Pylon Signage
Executive Summary
SVN Chicago Commercial is pleased to present the ±13,410 SF Office Opportunity on 1.08 AC in the heart of Homewood, Illinois. This 14-unit office is 90% occupied by various long-term businesses. This well-maintained building has wet sprinkler fire system with sprinkler main value replaced, newer fire panel, HVAC less than ten years old, new roof in 2017, basement storage, individually electric metered units, a new water heater, pylon signage, and over 135 feet of frontage on Dixie Highway, double lot parking. Zoned B-1 Central Business District. Well maintained and no capital improvements are necessary.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Building Size
13,410 SF
Building Class
C
Year Built/Renovated
1966/2021
Price
£898,149
Price Per SF
£67
Percent Leased
90%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,705 SF
Building FAR
0.29
Land Acres
1.08 AC
Zoning
B-1, Homewood - Neighborhood Shopping District
Parking
50 Spaces (3.73 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 29-31-409-063-0000 | Improvements Assessment | £110,917 |
| Land Assessment | £27,588 | Total Assessment | £138,506 |
PROPERTY TAXES
Parcel Number
29-31-409-063-0000
Land Assessment
£27,588
Improvements Assessment
£110,917
Total Assessment
£138,506
-
Karen Kulczycki -
SVN | Chicago Commercial
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Westwood Office Plaza | 18141 Dixie Hwy
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