Chicago, IL 60623 1245 S Kedzie Avenue

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Presented By: Nicholson Real Estate Inc.
  • MLS# 12372362
  • 05/20/2025
  • Request Tour
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  • SQFT • 3,000

Home Details

Priced to sell brick 3 flat mixed-use building in the hot North Lawndale community!! Located near transportation, shopping, within a short walk to Altus and Menta Academies and 2.5 miles from STEM Magnet Academy. The property could qualify for numerous development, financial incentives or Community Recovery Act tax credit programs. The building offers a very nice commercial office/entertainment space with a meeting room/kitchenette and a 1/2 bathroom on the 1st floor, currently operated by the seller. The 2nd and 3rd floor have 2br/1ba apartments, the tenants pay their own utilities, each apartment has its own furnace, water heater, washer and dryer. Both are M/Month for flexibility for investors or owner occupant buyers. Unfinished full basement. Some repairs have been completed, roof has been sealed but interior ceilings and floors have not been repaired. The property has great potential and at the revenue indicated it is a great buy. Sold as-is. Show and write ASAP!
Presented By: Nicholson Real Estate Inc.

General for 1245 S Kedzie Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
DirectionsKedzie (3200W) south of Roosevelt to address
ElectricFuses
Electric Expense
Fuel Expense
Gross Income2900
Insurance Expense1400
Lot Size Square Feet3125
MLS AreaCHI - North Lawndale
ModificationTimestamp2025-06-03T17:18:01.719Z
Number Of Units Total3
PossessionTenant's Rights
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount2540
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense1200
Year Built1911
ZoningOTHER

Exterior for 1245 S Kedzie Avenue

Building Area Total3000
Foundation DetailsConcrete Perimeter
Lot Dimensions25X125

Additional Details

Price History

Client Care

Price $243,000
MLS#12372362
List Date 05/20/2025
Property Type Commercial
Phone 847.485.2500
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