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8120 S Kedzie Avenue

Chicago, IL 60652
  • $950,000
  • STATUS: Active Under Contract
  • ON SITE: 165 Days
  • MLS #: 12091350
Under Contract
$950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1969
County:
Area:

School Ratings & Info

Description

Prime Investment Opportunity at 8120 S Kedzie Ave, Chicago, IL 60652. Discover an exceptional mixed-use property in a thriving Chicago neighborhood, perfect for investors seeking a solid return on investment. This property features a blend of residential and commercial units, offering multiple streams of income. Total Residential Units: 8 (1-bedroom each), Occupancy: 7 units rented, 1 unit available, Total Commercial Units:** 4 store fronts, Occupancy: All 4 store fronts fully rented. The neighborhood is a family-friendly area, adjacent to a kindergarten and a shopping center. This property boasts a prime location with high visibility and accessibility, making it attractive to both residential and commercial tenants. The fully rented store fronts ensure consistent cash flow, while the nearly fully occupied residential units provide additional income stability. Situated in a nice neighborhood with convenient amenities and services nearby, this mixed-use building is a standout investment opportunity. Seize the chance to own a property that offers a blend of residential comfort and commercial viability in a growing area.

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© 2024 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 2024-12-03T23:59:48.443 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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8120 S Kedzie Avenue Chicago, IL 60652

  • Price: $950,000
  • Status: Active Under Contract
  • On Site: 165 Days
  • MLS #: 12091350
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Prime Investment Opportunity at 8120 S Kedzie Ave, Chicago, IL 60652. Discover an exceptional mixed-use property in a thriving Chicago neighborhood, perfect for investors seeking a solid return on investment. This property features a blend of residential and commercial units, offering multiple streams of income. Total Residential Units: 8 (1-bedroom each), Occupancy: 7 units rented, 1 unit available, Total Commercial Units:** 4 store fronts, Occupancy: All 4 store fronts fully rented. The neighborhood is a family-friendly area, adjacent to a kindergarten and a shopping center. This property boasts a prime location with high visibility and accessibility, making it attractive to both residential and commercial tenants. The fully rented store fronts ensure consistent cash flow, while the nearly fully occupied residential units provide additional income stability. Situated in a nice neighborhood with convenient amenities and services nearby, this mixed-use building is a standout investment opportunity. Seize the chance to own a property that offers a blend of residential comfort and commercial viability in a growing area.
Interior Features

Cooling Window Unit(s) Heat Ventilation Electric

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 4600 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Electric Circuit Breakers Fire Protection None Geographic Locale Northwest Suburban Gross Income 144000 Gross Scheduled Income 144000 Insurance Expense 7695 Mls Actual Status Contingent Number Of Tenants 11 Property Sub Type Apts/Stores Rental Price 31.3 Tax Annual Amount 15979 Tax Year 2022 Tenant Pays Electricity Total Monthly Income 12000 Type Mixed Use Zoning OTHER

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of 5th Group Corp: 773-888-7580.


© 2024 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 2024-12-03T23:59:48.443 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