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Inland sells Homewood strip center for $1.23 million

OAK BROOK - Inland Real Estate Brokerage & Consulting has sold a 42,000-square-foot, three-unit retail strip center at 18100-18130 S. Halsted St. in Homewood for $1.23 million.

William D. Dozier, Jr., broker associate of Inland Brokerage & Consulting, represented the seller in the transaction.

The property, located south of Interstate 80 and Highway 294, is situated on a 1.25 acre site with 187 feet of Halsted Street frontage and consists of three retail units, two of which have basements.

"There continues to be strong demand for retail properties," said Dozier. "Well-priced, well-maintained properties attract serious investors."

"This property attracted multiple bidders very quickly," said Paul L. Rogers, president of Inland Real Estate Brokerage & Consulting. "We have seen this kind of interest on many of our deals this year - not only with retail offerings, but on land and industrial sales, too."

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