1514 S Kedzie Avenue
Chicago, IL 60623

Status: Active Under Contract
Mixed Use
0 beds
0 baths
4,125 sq.ft
Listing Price: $399,900

About this home

Introducing 1514 S Kedzie, Chicago, IL, a prime investment opportunity located in the thriving North Lawndale area. This versatile brick building, adorned with a gray stone fascia, features a first-floor storefront with a long-term lease in place, ensuring immediate income. Above the storefront, there are two spacious residential units, each offering 3 bedrooms and 2 bathrooms, ideal for tenants seeking comfortable living spaces. With commercial zoning, low taxes, and a strategic location, this property offers endless possibilities for both residential and commercial use. Don't miss out on this unique chance to add a valuable asset to your portfolio!

Property details

Property / Lot Details
Approximate Age Older
Number Of Apts 2
BuildingAreaTotal 4125
Lot Dimensions 25X63
Fire Protection Smoke or Fire Protectors
LotSizeSquareFeet 1577
PropertySubType Apts/Stores
Property Type Mixed Use
NumberOfUnitsTotal 3
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning None
Area Major CHI - North Lawndale
Zoning Type COMMR
Directions On the corner of 15th and Kedzie Ave
Electricity Circuit Breakers
Geographic Locale Chicago West
Township West Chicago
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 1893
MRD Virtual Tour None
Interior Features
Heat/Ventilation Forced Air,Gas
Stories 3

Financials

Gross Rental Income $3,950
Gross Rent Multiplier 10
Total Monthly Income 3950
Investment Profile Commercial Sale

Tax/Assessments/Liens

PIN 16232290450000
Taxes $2,117
Tax Year 2023
$399,900 Listing Price:
MLS # 12102984
Investment Profile Commercial Sale
Listing Market Time 152 days
Basement
List Date 07/05/2024
Year Built 1893
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