Homewood Center
Retail | 12,675 SqFt
Marketing description
12,675 SF multi-tenant neighborhood center located along the west side of Kedzie Avenue, just south of 183rd Street, in Homewood, IL (Chicago MSA). The center is located directly across the street from Jewel-Osco and Ollie's Bargain Outlet and is adjacent to U.S. Bank to the north and Car -X Tire & Auto to the south. There are several national retailers in the immediate vicinity including Aldi, McDonald's, Dollar Tree, Chase Bank, Walgreens, Starbucks, and Burger King, among others. The center is currently 35% leased to a mix of local Tenants including JJ Fish, Charm Cleaners, and Shining Salon, among others. Pylon signage fronting Kedzie Avenue provides visibility and exposure to over 14,000 VPD.
Homewood Center offers a premier retail opportunity at 18320–18336 S. Kedzie Avenue in Homewood, Illinois, one of the South Suburbs’ most dynamic and growing communities. With nearly one acre of land, 12,600+ square feet of retail space, and 192 feet of highly visible frontage along Kedzie Avenue, the property provides unmatched exposure in a bustling commercial corridor. Just 22 miles south of downtown Chicago, Homewood Center benefits from exceptional regional connectivity via Metra, Amtrak, and major interstates, drawing consistent traffic from both local residents and surrounding suburbs. Anchored by Homewood’s award-winning schools, thriving downtown, and vibrant community amenities, this prime location positions tenants to capture strong consumer demand and long-term growth in one of Chicagoland’s most desirable suburban markets. Neighboring retailers include Home Depot, Kohl’s, Old Navy, Target, Walmart, Burlington, TJ Maxx, and Famous Footwear.
Investment highlights
- 12,000+ SF center located along the east side of Kedzie Avenue, just south of 183rd Street - over 32,000 VPD at the intersection
- Value-add opportunity with the ability to increase income through lease up above the current occupancy
- Pylon signage fronting Kedzie Avenue provides visibility and exposure to over 14,000 VPD
- Located directly across the street from Jewel- Osco and Big Lots and nearby other retailers including Aldi, McDonald's, Dollar Tree, Chase Bank, Walgreens, Starbucks, and Burger King, among others
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