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Downtown Homewood Home for Sale

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    $1,500,000

    1932 Hickory Rd, Homewood, IL 60430

    WELCOME TO DOWNTOWN HOMEWOOD, 12 Units in Homewood, IL. Lots of new development in the area. There are 10 (2 Bed) Units and 2 (1 Bed) Units. Landlord pays Boiler Heat, Common Electric, Water & Garbage. Current Rents are under market but market rents for 2 Beds are $1400-1600

    Anthony Spangler Horvath & Tremblay IL, LLC

    1932 Hickory Rd, Homewood, IL 60430

Why Live in Downtown Homewood

Downtown Homewood is a neighborhood characterized by early 20th-century single-family homes, including Bungalow, Cape Cod, and Victorian styles, alongside some two-flat properties and later-built condos. The area has a limited housing supply, with properties typically selling quickly. Richard D. Irwin Park and Orchard Park provide recreational spaces with playgrounds, baseball diamonds, and tennis courts, while Ravisloe Country Club offers an 18-hole golf course and dining options. Local shops and restaurants, such as Anjel’s Boutique, The Villager Gift Shop, Zone Comics and Games, Empanadus, Asian Harbor, and Twisted Q Barbeque Bar & Grill, contribute to the neighborhood's distinctive character. Regular events include the Homewood Outdoor Farmers Market, summer block parties, Pride Fest, and the Holiday Lights celebrations. The neighborhood is safer than the national average, with convenient access to Chicago via Interstate 294 or the Metra commuter train. Advocate South Suburban Hospital is 2 miles away, and Chicago Midway International Airport is 17 miles north. Schools in the area include Willow School and Homewood-Flossmoor High School, both highly rated, with the latter offering numerous Advanced Placement courses and career-focused programs.

Frequently Asked Questions

Is Downtown Homewood a good place to live?
Downtown Homewood is a good place to live. Downtown Homewood is considered fairly walkable and bikeable with some transit options. Downtown Homewood has 10 parks for recreational activities. It is fairly sparse in population with 5.9 people per acre and a median age of 42. The average household income is $103,947 which is above the national average. College graduates make up 44.5% of residents. A majority of residents in Downtown Homewood are home owners, with 37.5% of residents renting and 62.5% of residents owning their home. A local real estate agent serving Downtown Homewood can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Homewood neighborhood guide.
Is Downtown Homewood, IL a safe neighborhood?
Downtown Homewood, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Downtown Homewood?
The median home price in Downtown Homewood is $350,000. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Downtown Homewood. The average household income in Downtown Homewood is $104K.
What are the best public schools in Downtown Homewood?
The best public schools that serve Downtown Homewood are:
What are the best private schools in Downtown Homewood?
The best private schools that serve Downtown Homewood are:
What are the most popular zip codes in Downtown Homewood, Homewood, IL?
The most popular zip codes in Downtown Homewood, Homewood, IL include 60430, 60429, 60422, 60425 and 60411.
What are the most popular neighborhoods near Downtown Homewood, Homewood, IL?
The most popular neighborhoods near Downtown Homewood, Homewood, IL are Stonebridge, Hazel Crest Proper, Chateaux-Versailles, North End and Village West.

Home Trends in Downtown Homewood, IL

Housing Trends

Median Sale Price
$360,000
Median Single Family Sale Price
$280,000
Average Price Per Sq Ft
$334
Number of Homes for Sale
0
Last 12 months Home Sales
13
Months of Supply
0.00
Median List Price
$350,000
Median Change From 1st List Price
2%
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