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$649,900 -$30,000 (-4.41%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 7,162 Sq. Ft.
  • Updated 4 days ago
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Prime Downtown Homewood Opportunity - Over 7,000 SF Commercial Building Offered by long-time owners, this expansive 7,000+ square foot commercial property is currently configured as a dance studio and ready for its next chapter. Located in the heart of downtown Homewood, this property offers exceptional visibility, accessibility, and flexibility. The building features two large studio spaces, multiple offices, and ample storage areas, making it ideal for a wide range of business uses - from fitness and wellness to creative or professional services. Enjoy the convenience of private parking for 20+ vehicles in the adjacent lot - a rare find in the downtown area. Zoning: B-2 (Business District) Parking: 20+ spaces Floor Plans: Available upon request Closing: Flexible / negotiable Pricing: Reflects current condition and tremendous potential Discover the possibilities for your next business venture or investment. Schedule your private showing today!

Full Property Details for 1933 Ridge Rd

General

  • Price: $649,900
  • Taxes: $43,472 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12513092
  • Updated: 1/12/2026
  • Added to Site: 71 day(s) ago

Additional Information

  • Security/Safety: Alarm on Site

Location

  • Area: Homewood
  • County: Cook
  • Township: Thornton
  • Driving Directions: From Dixie Hwy & Flossmoor Rd Head North. Take a right to head east on Ridge Rd. Building will be on the right (south) side of the road. Pull into the parking lot to the east of the building.

Heating & Cooling

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

Structural Information

  • Stories/Levels: 1
  • Square Feet: 7,162
  • Year Built: 1948

Lot Features

  • Lot Size (Sq. Ft.): 13,410
  • Lot Dimensions: 129 x 104 x 128 x 104
  • Frontage: Public Road
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm On Site
  • Assessment Year: 1948
  • Tax Amount: $43,472
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 29314080160000

Listed by Village Realty, Inc.

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Listing agent

— 1933 Ridge Rd —

  • Village Realty, Inc.

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 1933 Ridge Rd

School Districts:Homewood School District 153, Homewood-Flossmoor Community High School District 233
NameGradesDistance
Willow School, Homewood, IL
1804 Willow Road, Homewood, IL 60430
PK-20.6 mi
Winston Churchill School
1300 190th Street, Homewood, IL 60430
3-51.4 mi
James Hart School
18220 Morgan Avenue, Homewood, IL 60430
6-81.2 mi
Homewood-Flossmoor High School
999 Kedzie Avenue, Flossmoor, IL 60422
9-121.7 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 1933 Ridge Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$649,900
-4.41%
MLS
12/23/2025
Price Reduced
$679,900
-2.86%
MLS
11/07/2025
Listed
$699,900
—
MLS
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 1933 Ridge Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,562
-26%
$43,316
-7%
2022
$24,975
7%
$46,554
—
2021
$23,289
3%
$46,554
—
2020
$22,544
-21%
$46,554
-19%
2019
$28,686
3%
$57,134
—
2018
$27,766
—
$57,134
—
2017
$27,796
76%
$57,134
79%
2016
$15,829
1%
$31,880
—
2015
$15,654
2%
$31,826
—
2014
$15,358
9%
$31,826
—
2013
$14,103
2%
$31,826
—
2012
$13,813
—
$31,826
—
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 Village Realty, Inc.

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1933 Ridge Road, Homewood, IL 60430 (MLS# 12513092) is a Commercial property. 1933 Ridge Road is currently listed for $649,900 and was received on November 07, 2025. Want to learn more about 1933 Ridge Road? 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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