8318 S KEDZIE Avenue
Chicago, IL, 60652
$398,000
Beds
0 Baths
3,600 SqFt
0 Acres
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$398,000
8318 S KEDZIE Avenue
Chicago, IL, 60652
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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. 12% 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. A cash machine. Property owned free and clear so seller financing is available!

Property Details

Price:
$398,000
MLS #:
MRD11961723
Status:
Active
Beds:
0
Baths:
0
Address:
8318 S KEDZIE Avenue
Type:
Commercial
Subtype:
Office
City:
Chicago
Listed Date:
Jan 18, 2024
State:
IL
Finished Sq Ft:
3,600
ZIP:
60652
Year Built:
1950

Schools

Interior

Cooling
Central Air, Central Individual

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2.5% OR 1/2 MONTH FOR 1 YEAR LEASEGross Sale Price
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