1116 S Keeler Avenue
Chicago, IL, 60624
$499,000
Beds
0 Baths
4,542 SqFt
0 Acres
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$499,000
1116 S Keeler Avenue
Chicago, IL, 60624
MLS #MRD12377894 img 0MLS #MRD12377894 img 1MLS #MRD12377894 img 2MLS #MRD12377894 img 3MLS #MRD12377894 img 4
Rare Find – Investor Opportunity in North Lawndale! This is the one you’ve been waiting for – perfect opportunity for both the seasoned investors and first-timers looking to build long-term wealth. Situated on an extra-wide 62 ft lot in vibrant North Lawndale (IYKYK), this property offers both stability and strong potential for future appreciation. Currently featuring long-term tenants – some for up to 40 years – all on month-to-month leases, this property provides immediate income with the flexibility to increase rents over time. Add to that five to six exterior parking spaces for an additional revenue stream. With some sweat equity, this diamond in the rough could shine brightly in your portfolio.Don’t miss your chance to turn this income-generating asset into a long-term winner. Estate sale – property being sold As-Is.

Property Details

Price:
$499,000
MLS #:
MRD12377894
Status:
Active
Beds:
0
Baths:
0
Address:
1116 S Keeler Avenue
Type:
Commercial
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
May 28, 2025
State:
IL
Finished Sq Ft:
4,542
Total Sq Ft:
4,542
ZIP:
60624
Year Built:
1976

Schools

Interior

Cooling
None

Exterior

Financial

Maintenance Fee
$1,000
Net Operating Income
$35,486
Tax Year
2023
Taxes
$4,869
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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1116 S Keeler Avenue
Chicago, IL