Park Place Plaza
17627-31 S. Halsted Street | Homewood, IL 60430
Subject To Offer
Sale Price
Property Details
| Sale Price: | Subject To Offer |
| Year Built: | 1992 |
| Property Type: | Retail |
| Building Size: | 4,045 SF |
Property Description
Attention Retail / Street Retail investors! Don't miss out on this prime opportunity in Homewood, IL. This 4,045 SF building, with 2 units, is a gem built in 1992 and recently renovated in 2020, offering modern appeal and potential for high returns. Zoned B-4, it presents versatile investment options. With a 25.83% occupancy, there's ample potential to increase leasing and revenue. Take advantage of this sought-after location and capitalize on the strong prospects for retail and street retail businesses. Explore the possibilities this property holds for your investment portfolio!
Location Description
Discover the vibrant community surrounding Park Place Plaza. Located in Homewood, IL, this dynamic area is known for its diverse shopping, dining, and entertainment options. The property is within close proximity to the bustling downtown area, offering an array of charming boutiques, popular restaurants, and well-established local businesses. Nearby attractions include the Homewood Science Center, the Homewood-Flossmoor Park District, and the award-winning Irons Oaks Environmental Learning Center, providing ample opportunities for recreation and education. With its convenient location and thriving commercial landscape, the area surrounding Park Place Plaza offers an enticing opportunity for retail and street retail investors or tenants.
Highlights
- 4,045 SF building
- 2 units
- Built in 1992
- Renovated in 2020
- Zoned B-4
- Located in the Homewood area
- 25.83% occupancy
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| 1 Miles | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total households | 2,412 | 27,794 | 88,946 |
| Total population | 5,534 | 71,063 | 220,600 |
| Persons per household | 2.3 | 2.6 | 2.5 |
| Average household income | $62,649 | $69,893 | $63,893 |
| Per capita income | $27,305 | $27,336 | $25,761 |
| Average house value | $115,847 | $134,641 | $127,740 |
| Average age | 40.9 | 38.5 | 38 |
| Average age male | 37.2 | 34.8 | 35.1 |
| Average age female | 42.9 | 41 | 40.6 |
| Population hispanic | 5.3% | 12.0% | 13.5% |
| Population non-hispanic | 5,240 | 62,499 | 190,818 |
| Population white | 31.0% | 31.6% | 24.0% |
| Population black | 64.8% | 60.3% | 67.0% |
| Population american indian | 0.0% | 0.1% | 0.1% |
| Population asian | 0.9% | 1.2% | 0.9% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population other | 1.0% | 2.6% | 4.6% |