Chicago, IL 60652 8318 S KEDZIE Avenue
$349,000
1 more
Presented By: Fathom Realty IL LLC
SQFT • 3,600
Home Details
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!
Presented By: Fathom Realty IL LLC
General for 8318 S KEDZIE Avenue
Additional Parcels Y/NYes
Cap Rate14
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
DirectionsKEDZIE AND 83RD ST. S TO PROP
ElectricCircuit Breakers
Gross Income48000
Leasable Area3300
Lease TypeGross
Lot Size Square Feet6250
MLS AreaCHI - Ashburn
ModificationTimestamp2025-04-23T17:06:01.626Z
Net Operating Income30000
Number Of Units Total3
Operating Expense17532
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount16086
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Scavenger
Total Actual Rent1500
TownshipLake
Year Built1950
ZoningOFFIC
Exterior for 8318 S KEDZIE Avenue
Building Area Total3600
Lot Dimensions50X125
Additional Details
Price History
