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$475,000

  • For Sale
  • Active
  • Commercial
  • 10,800 Sq. Ft.
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Single Level 10,800 SF Multiple Tenant Mixed Use Office Building with business tenants and 1 Second Story Residential 2 Bedroom, 1 Bathroom Apartment Tenant. Great Investment opportunity for owner-users/investors. Very well kept clean office building conveniently located in Downtown Homewood close proximity to the New Metra TrainStation, Starbucks, Aurelio's Pizza, Stoney Point Grill and everything else Downtown Homewood has to offer. Close proximity to all major highways and the New Wind Creek Chicago Southland Casino.

Full Property Details for 18220 Harwood Ave

General

  • Price: $475,000
  • Taxes: $60,389 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12501081
  • Updated: 10/27/2025
  • Added to Site: 91 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s), Partially Sprinklered

Location

  • Area: Homewood
  • County: Cook
  • Township: Thornton
  • Driving Directions: Conveniently located on Harwood Ave, South of Ridge Road in Downtown Homewood.Head E on 183 one block. Make L on Harwood, L side about 1 block down.
  • Location Details: South Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Water: Municipal Water
  • Trash: 4294
  • Onsite: Electricity Available, Natural Gas Available

Structural Information

  • Construction: Block, Stucco
  • Exterior Const.: Block, Stucco
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel
  • Stories/Levels: 2
  • Square Feet: 10,800
  • Current Bldg. Use: Office
  • Year Built: 1975
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 8

Lot Features

  • Lot Size (Sq. Ft.): 22,443
  • Lot Dimensions: 225 x 105
  • Zoning: OFFIC

Financial Considerations

  • Lease Price: $19
  • Insurance Fee: $6,419
  • Operating Expenses: $40,336
  • Other Fee: $17,182
  • Security Deposit: Fire Extinguisher/s, Partially Sprinklered
  • Assessment Year: 1975
  • Tax Amount: $60,389.55
  • Tax Year: 2023
  • Pays Electric: 8146
  • Pays Trash: 4294

Disclosures and Reports

  • Property ID: 29313120290000

Listed by Matrix Realty Group LLC

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Listing agent

— 18220 Harwood Ave —

  • Matrix Realty Group LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 18220 Harwood Ave

School Districts:Homewood-Flossmoor Community High School District 233, Homewood School District 153
NameGradesDistance
Willow School, Homewood, IL
1804 Willow Road, Homewood, IL 60430
PK-20.6 mi
Winston Churchill School
1300 190th Street, Homewood, IL 60430
3-51.5 mi
James Hart School
18220 Morgan Avenue, Homewood, IL 60430
6-81.4 mi
Homewood-Flossmoor High School
999 Kedzie Avenue, Flossmoor, IL 60422
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18220 Harwood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2025
Listed
$475,000
-5.94%
MLS
5/02/2019
Sold
$505,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 18220 Harwood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$60,390
93%
$140,924
141%
2022
$31,370
7%
$58,475
—
2021
$29,252
20%
$58,475
16%
2020
$24,454
5%
$50,499
9%
2019
$23,226
3%
$46,259
—
2018
$22,481
11%
$46,259
11%
2017
$20,338
-11%
$41,805
-9%
2016
$22,736
-21%
$45,790
-22%
2015
$28,865
2%
$58,686
—
2014
$28,320
21%
$58,686
11%
2013
$23,358
2%
$52,710
—
2012
$22,878
—
$52,710
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Matrix Realty Group LLC

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18220 Harwood Avenue, Homewood, IL 60430 (MLS# 12501081) is a Commercial property. 18220 Harwood Avenue is currently listed for $475,000 and was received on October 20, 2025. Want to learn more about 18220 Harwood Avenue? Do you have questions about finding other Commercial real estate for sale in Homewood? You can browse all Homewood real estate or contact a Coldwell Banker agent to request more information.

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