8318 S KEDZIE Avenue Chicago, IL ^$ 349,000

8318 S KEDZIE Avenue

^$ 349,000

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8318 S KEDZIE Avenue

Chicago, IL, 60652

^$ 349,000

Studio Baths0.0 Sq 3,600

Monthly Estimate*

^$ 2,090

8318 S KEDZIE Avenue, Chicago, IL 60652 - Image 1

8318 S KEDZIE Avenue, Chicago, IL 60652 - Image 2

8318 S KEDZIE Avenue, Chicago, IL 60652 - Image 3

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8318 S KEDZIE Avenue, Chicago, IL 60652 - Image 6

Studio

Commercial Property for sale in Chicago, IL

for $349,000. This 3,600 square foot building was built in 1950 on a lot size of 0.14348.

A cash machine! 3 Commercial storefronts zoned B-2 ideal for retail or office. Busy Kedzie avenue gets you major traffic. Each storefront is 1,100 sq/ft or 3,300 sq/ft total. Fully occupied as owner occupies 1 of the 3 units and is looking to lease back. Owner can vacate for a rental, one unit active for rent right now. Other 2 units have long term good paying tenant. 14% cap rate. Sitting on 2 city lots (2 pins) this property has 50' of Kedzie frontage with plenty of parking in back. Flat newer roof single story bldg very low maintenance. Property owned free and clear so seller financing is available!

Commercial Active

Price

^$ 349,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,086

Style

Lot Size

0.14348

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12151891

Features

General

Cooling Central Air Central Individual

Zoning OFFIC

Construction Materials Brick

Year Built 1950

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Janitorial Service Scavenger

Stories 1

Township Lake

Property SubType Office

Tax Year 2022

Gross Income 48000

County Cook

Net Operating Income 30000

Operating Expense 17532

Property Type Commercial Sale Office/Tech

Status Active

Directions KEDZIE AND 83RD ST. S TO PROP

City Chicago

NumberOfUnitsTotal 3

MLS Area CHI - Ashburn

Lot Size Square Feet 6250

Tax Annual Amount 16086

Additional Parcels Y/N Y

Leasable Area 3300

Days on Market 7

Lease Type Gross

Standard Status Active

Total Actual Rent 1500

Exterior

Building Area Total 3600

Lot Dimensions 50X125

Exterior Brick

* Excluded Features

List By

Fathom Realty Il Llc

Broker

jtragos25@gmail.com

Affordability Calculator

$3,431

Per Month

Monthly Principal & Interest: $2,090
Monthly Property Taxes: $1,341
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$820,937

Percent of Sale Price 135%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/30/2024	$349,000		Listed Price

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8318 S KEDZIE Avenue, Chicago, IL, 60652 is a Commercial Property for sale at $349,000 with 3,600 sqft and a lot size of 0.14348. 8318 S KEDZIE Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 60652 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 9/22/2024.

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8318 S KEDZIE Avenue

Commercial Property for sale in Chicago, IL

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