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Property Description
Exceptional opportunity to lease a 1,300 square foot turnkey second-generation restaurant in one of Homewood's most established retail corridors. Located at the highly visible, signalized intersection of Halsted Street (IL Route 1) and Ridge Road, this fully built-out restaurant offers a rare opportunity for a new operator to open quickly while avoiding the significant time, expense, and permitting associated with a traditional restaurant build-out. Positioned within a fully occupied neighborhood shopping center with approximately 35 parking spaces, the property benefits from outstanding visibility, convenient access, and exposure to more than 66,000 combined vehicles per day, making it an ideal location for both local and destination dining. The thoughtfully designed layout includes a welcoming customer dining area with high ceilings, ordering counter, spacious commercial kitchen, dedicated food preparation areas, dry storage, walk-in cooler and freezer, ADA-compliant restroom, and efficient back-of-house workflow that supports dine-in, carryout, delivery, and catering operations. The existing commercial kitchen is already equipped with a large Type I exhaust hood, fire suppression system, stainless steel prep areas, three-compartment sink, hand sink, gas service, HVAC, fire alarm system, grease management infrastructure, and numerous permanent restaurant fixtures, allowing a new tenant to substantially reduce startup costs and accelerate opening timelines. This versatile restaurant space is well suited for a wide variety of food concepts including barbecue, Mexican, tacos, breakfast, brunch, pizza, seafood, chicken, Mediterranean, soul food, Caribbean cuisine, Asian cuisine, cafes, bakeries, sandwich shops, dessert concepts, smoothie bars, meal preparation services, ghost kitchens, and catering operations. The efficient floor plan provides flexibility for both owner-operated businesses and expanding regional or national franchise concepts seeking a move-in-ready location with existing restaurant infrastructure. Surrounded by established residential neighborhoods, national retailers, local businesses, and minutes from Metra commuter rail service, this prime South Suburban location offers excellent demographics, strong daytime population, and consistent consumer traffic throughout the day. Opportunities to lease a fully equipped, move-in-ready restaurant of this quality and location are increasingly rare. Available immediately, subject to landlord approval of the lease assignment.
Full Property Details
Full Property Details for 17949 S Halsted St
General
- Price: $32
- Taxes: (2025)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12697571
- Updated: 7/13/2026
- Added to Site: 7 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Private Restroom(s), Public Restroom(s)
- Flooring: Varies
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s), Sprinklers, Carbon Monoxide Detector(s)
Location
- Area: Homewood
- County: Cook
- Township: Thornton
- Driving Directions: East or West to Halsted. North or South to Address..
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Ceiling Height: 16
- Sub-Flooring: Varies
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 2009
Lot Features
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897
- Lot Dimensions: 205' x 185'
- Zoning: COMMR
Financial Considerations
- Lease Price: $32
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s, Sprinklers, Carbon Monoxide Detector(s)
- Assessment Year: 2009
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Scavenger, Sewer
Disclosures and Reports
- Property ID: 29331000130000
Listed by MoHall Commercial & Urban Development
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Schools
Schools serving 17949 S Halsted St
School Districts:Homewood School District 153, Homewood-Flossmoor Community High School District 233
| Name | Grades | Distance |
|---|---|---|
Willow School, Homewood, IL 1804 Willow Road, Homewood, IL 60430 | PK-2 | 1.4 mi |
Winston Churchill School 1300 190th Street, Homewood, IL 60430 | 3-5 | 1.4 mi |
James Hart School 18220 Morgan Avenue, Homewood, IL 60430 | 6-8 | 0.5 mi |
Homewood-Flossmoor High School 999 Kedzie Avenue, Flossmoor, IL 60422 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17949 S Halsted St
Date
Details
Price
Change
Source
7/07/2026
Listed
$32
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17949 S Halsted St
17949 S Halsted Street, Homewood, IL 60430 (MLS# 12697571) is a Commercial Lease property. 17949 S Halsted Street is currently listed for $32 and was received on July 07, 2026. Want to learn more about 17949 S Halsted Street? Do you have questions about finding other Commercial Lease real estate for sale in Homewood? You can browse all Homewood real estate or contact a Coldwell Banker agent to request more information.

