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Downtown Homewood Multifamily 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.

Home Trends in Downtown Homewood, IL

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$356,000
Median 2 Bedroom Sale Price
$166,950
Average Price Per Sq Ft
$158
Number of Homes for Sale
1
Last 12 months Home Sales
9
Months of Supply
1.30
Median List Price
$173,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
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