256 N Keeler Avenue
Chicago, IL, 60624
$595,000
5 Beds
2 Baths
0 SqFt
0 Acres
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$595,000
256 N Keeler Avenue
Chicago, IL, 60624
MLS #MRD12512155 image #0MLS #MRD12512155 image #1MLS #MRD12512155 image #2MLS #MRD12512155 image #3MLS #MRD12512155 image #4MLS #MRD12512155 image #5MLS #MRD12512155 image #6MLS #MRD12512155 image #7MLS #MRD12512155 image #8
Outstanding investment opportunity! This 6-unit apartment building features 2 three-bedroom/1 bath units and 4 two-bedroom/1 bath units, all well-maintained and fully leased. Each apartment is equipped with its own furnace, central (rooftop) A/C, and hot water tank – tenants are responsible for their own utility costs – making this a low-expense, high-yield property. Tenants pay for their own internet and cable. Highlights: Consistent occupancy: Several tenants in place 5+ years, with only one turnover in the past year. All units include carpeted bedrooms and owner-supplied stoves and refrigerators. Roof: Modified bitumen (torch-down) roof, 4 years old, under warranty. Exterior: One porch replaced 3 years ago. Lower level: Flexible common area with shower and fireplace, perfect for a lounge, gym, or additional tenant amenity. Located: Across from Tilton Grade School and only 1.5 blocks from the Pulaski Green Line EL stop, offering easy commuter access and family-friendly surroundings. Investment Advantages: The property lies within both an Illinois Empowerment Zone and a Federal Enterprise Zone, providing potential tax exemptions on building materials and equipment, utility cost exemptions, and investment tax credits – all enhancing your return on investment. All together this is a stable, income-generating property in a desirable, transit-accessible location – easy to manage and ready to perform from day one! The sale will be “AS IS”

Property Details

Price:
$595,000
MLS #:
MRD12512155
Status:
Active
Beds:
5
Baths:
2
Type:
Commercial
Neighborhood:
chiwestgarfieldpark
Listed Date:
Nov 9, 2025
Total Sq Ft:
4,200
Year Built:
1915
Chi – West Garfield ParkChiwestgarfieldpark

Schools

Interior

Cooling
Central Individual
Fireplaces Total
1

Exterior

Construction Materials
Brick, Concrete, Stone

Financial

Maintenance Fee
$8,800
Net Operating Income
$69,232
Tax Year
2023
Taxes
$2,751
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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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Current real estate data for Commercial in Chicago as of Nov 13, 2025
1,097
Commercial Listed
171
Avg DOM
149
Avg $ / SqFt
$1,060,774
Avg List Price

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Property Summary

    256 N Keeler Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60624. It is listed for $595,000 To schedule a showing of MLS#mrd12512155 at 256 N Keeler Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
256 N Keeler Avenue
Chicago, IL