Southgate, IL homes for sale & real estate

Southgate, IL Homes for Sale

Rare opportunity to own a well-established strip mall in the heart of Homewood, just 35 minutes from downtown Chicago and steps from the Metra train station. This multi-unit commercial complex includes: * 11 business suites, currently featuring successful long-standing tenants including an auto repair shop (25+ years), a former bakery (50+ years, closed during COVID but still equipped), a photo salon, dry cleaners (with equipment included), an insurance agency, and more. * 3 vacant units-perfect for owner-user or additional rental income. * Gross income in 2024: $150,000 with potential to reach $200,000-$250,000 when rents are brought to market. * Over 50 parking spots for customers

Southgate, IL Homes for Sale

This cozy 3 bedroom ranch in the heart of Homewood needs your TLC. Full unfinished basement provides space to create. Full fenced back yard. Parking pad instead of a Garage. Hardwood floors throughout home. Some Appliances included. : Tenant has moved out. Easy access. Immediate possession after Closing sets your family up for the New School year in the H/F District. Home shows a bit rough until Landlord gets in to clean up the clutter. New coat of paint will go along way.