3255 183rd Street W
Homewood, IL 60430
Map
- 4 beds
- 2 baths
- 1,100 sqft
- ~3/4 acre lot
- $318 per sqft
- 1938 build
- – on site
Seize this high-visibility 0.8-acre commercial lot, backed by village incentives to reduce development costs. With 132 feet of prime street frontage and flexible B3 zoning, it's ideal for developers or businesses looking to invest in a revitalizing area. Near top-rated schools, shopping, and major highways with Amtrak/Metra access, this lot is ready for your vision. Village promotion and recent developments make now the time to act at this competitive price! Key Features: * High-Visibility Lot: 132 ft x 264 ft with prime street frontage for maximum exposure. * Village Incentives: Financial support and infrastructure assistance to streamline development. * Prime Accessibility: Minutes from highways and Amtrak/Metra for easy connectivity. * Growth Potential: Near top-rated schools and retail, with recent developments boosting appeal. Development Opportunities: * Retail or multi-tenant shopping center ( 5,000 sq ft) * Restaurant, bar, or brewery * Medical/professional office or coworking space * Event venue, gym, or indoor commercial space * Motor vehicle sales/service or EV charging station * Artisan manufacturing or solar energy system * Mixed-use options (village open to residential-commercial variances) Additional Details: * Single-family home on-site: renovate for mixed-use, lease for income, or demolish with potential village assistance. * High disposable income in area supports retail and service businesses. * Agent has ownership interest Requirements: * Proof of Funds or Pre-Qualified Mortgage required. * Buyers without an agent, contact listing agent. With village incentives, recent area growth, and flexible zoning, this lot offers high returns in a community on the rise. Act now to secure this prime investment opportunity Showings by appointment. Buyer to verify zoning and incentives with village.
Last checked:
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Last updated Jul 12, 2025
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MLS# 12417675 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1938
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:Unfinished, Full, Walk-Out Access
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Disability Access:No
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Living Area Source:Estimated
Interior
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Room Type:No additional rooms
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Rooms Total:7
Room Dimensions
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Living Area:1100
Location
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Directions:183rd & Kedzie, West to property, South side of 183rd
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Location:23007
The Property
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Parcel Number:31022010170000
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Property Type:Residential
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Lot Size Dimensions:132X264
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 428-0663
- Office phone:
- (312) 428-0663
Taxes
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Tax Year:2023
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Tax Annual Amount:6500
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Steam
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Cooling:None
Utilities
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Sewer:Septic Tank
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Water Source:Well
Schools
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Elementary School District:161
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Middle Or Junior School District:161
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High School:Homewood-Flossmoor High School
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High School District:233
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:9
Monthly cost estimate
Asking price
$350,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,874
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| Taxes | $541 |
| Insurance | $96 |
| Utilities | $163 See report |
| Total | $2,674/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/11/25
Jul 11, 2025
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Listed / Active | MRED | $350,000 | |
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4/11/25
Apr 11, 2025
|
Listed / Active | MRED | ||
|
4/11/25
Apr 11, 2025
|
Listed / Active | MRED |
