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700 N Kedzie Avenue

Chicago, IL 60612
  • $1,145,000
  • STATUS: Active
  • ON SITE: 324 Days
  • MLS #: 11351596
UPDATED: 51 min ago
$1,145,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Great Opportunity to own this highly coveted Mixed Use building on the northwest corner of Kedzie and Huron. There are two side by side buildings involved in the sale, 700 North Kedzie and 3204 West Huron. The assets been in the same family for over 50 years and have been very well maintained and cared for. There are a total of 9 total units, 7 Residential and 2 commercial spaces. 6 of the residential units are in good shape and currently rented with long term tenants. 1 Residential Unit is vacant along with the 2 Commercial Spaces. The Vacancies are currently not listed on the market. This is a value add opportunity as the vacant units can be slightly rehabbed and marketed accordingly. There is a lot of income potential here as the units could all be vacated and re-rented for top dollar. These buildings are perfect for professional or new Real Estate Investors. Call for more information.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-02-06T07:02:16.553 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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700 N Kedzie Avenue Chicago, IL 60612

  • Price: $1,145,000
  • Status: Active
  • On Site: 324 Days
  • Updated: 51 min ago
  • MLS #: 11351596
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Chi - Humboldt Park
County:
Cook
Area:
Chi - Humboldt Park
Property Description
Great Opportunity to own this highly coveted Mixed Use building on the northwest corner of Kedzie and Huron. There are two side by side buildings involved in the sale, 700 North Kedzie and 3204 West Huron. The assets been in the same family for over 50 years and have been very well maintained and cared for. There are a total of 9 total units, 7 Residential and 2 commercial spaces. 6 of the residential units are in good shape and currently rented with long term tenants. 1 Residential Unit is vacant along with the 2 Commercial Spaces. The Vacancies are currently not listed on the market. This is a value add opportunity as the vacant units can be slightly rehabbed and marketed accordingly. There is a lot of income potential here as the units could all be vacated and re-rented for top dollar. These buildings are perfect for professional or new Real Estate Investors. Call for more information.
Exterior Features

Outdoor Parking 6-12 Spaces Parking Total 10

Interior Features

Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 56400 Gross Scheduled Income 63000 Insurance Expense 5400 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 42760 Operating Expense 13630 Tax Annual Amount 4765.27 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 4700 Type Multi Family 5+

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate: 312-254-0200.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-02-06T07:02:16.553 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822