$243,000
1245 S Kedzie Avenue
Chicago, IL, 60623
Priced to sell brick 3 flat mixed-use building in the hot North Lawndale community!! Located near transportation, shopping, within a short walk to Altus and Menta Academies and 2.5 miles from STEM Magnet Academy. The property could qualify for numerous development, financial incentives or Community Recovery Act tax credit programs. The building offers a very nice commercial office/entertainment space with a meeting room/kitchenette and a 1/2 bathroom on the 1st floor, currently operated by the seller. The 2nd and 3rd floor have 2br/1ba apartments, the tenants pay their own utilities, each apartment has its own furnace, water heater, washer and dryer. Both are M/Month for flexibility for investors or owner occupant buyers. Unfinished full basement. Some repairs have been completed, roof has been sealed but interior ceilings and floors have not been repaired. The property has great potential and at the revenue indicated it is a great buy. Sold as-is. Show and write ASAP!
Property Details
Price:
$243,000
MLS #:
MRD12372362
Status:
Active
Beds:
0
Baths:
0
Address:
1245 S Kedzie Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
May 20, 2025
State:
IL
Finished Sq Ft:
3,000
Total Sq Ft:
3,000
ZIP:
60623
Year Built:
1911
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$2,540
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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1245 S Kedzie Avenue
Chicago, IL
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