8318 S KEDZIE Avenue
Chicago, IL, 60652
$349,000
Beds
0 Baths
3,600 SqFt
0 Acres
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$349,000
8318 S KEDZIE Avenue
Chicago, IL, 60652
MLS #MRD12151891 img 0MLS #MRD12151891 img 1MLS #MRD12151891 img 2MLS #MRD12151891 img 3MLS #MRD12151891 img 4MLS #MRD12151891 img 5
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!

Property Details

Price:
$349,000
MLS #:
MRD12151891
Status:
Active
Beds:
0
Baths:
0
Address:
8318 S KEDZIE Avenue
Type:
Commercial
Subtype:
Office
Neighborhood:
CHI – Ashburn
City:
Chicago
Listed Date:
Aug 30, 2024
State:
IL
Finished Sq Ft:
3,600
Total Sq Ft:
3,600
ZIP:
60652
Year Built:
1950

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$30,000
Tax Year
2022
Taxes
$16,086
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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8318 S KEDZIE Avenue
Chicago, IL