Chicago, IL 60632 3935 S Kedzie Avenue
$230,000



36 more




































Presented By: Keller Williams ONEChicago
Home Details
**PRE-FORECLOSURE OPPORTUNITY - RECEIVER APPOINTED - CASH OFFERS PREFERRED** Mixed-use investment opportunity located at 3935 S. Kedzie Ave., Chicago, IL. This property is currently in pre-foreclosure, with a court-appointed receiver managing the asset, and ownership is seeking a prompt sale. The building features a spacious banquet hall/event venue on the main level, offering significant potential for event operations, community gatherings, entertainment uses, or redevelopment opportunities. The first floor includes a kitchen area and two bathrooms to accommodate guests and event attendees. The second level consists of seven fully occupied SRO (Single Room Occupancy) units, along with a shared kitchen and two additional bathrooms and the tenants will be moving before the sale. The basement offers substantial storage space and utility areas, while the rear of the property includes a garage and additional parking spaces. The property is being sold as-is and currently has municipal/building violations that will be the responsibility of the buyer to investigate and address after closing. Buyers are encouraged to perform their own due diligence regarding the property's condition, zoning, code compliance, and any outstanding requirements. Located on a prominent corner lot in Chicago's Brighton Park area, this property presents numerous possibilities for investors, owner-operators, and developers seeking a value-add asset with income-producing components. Receiver-appointed sale. Cash offers strongly preferred. Property is being marketed for a quick sale and is best suited for investors, developers, or experienced operators seeking a redevelopment or repositioning opportunity. Don't miss this opportunity to acquire a unique mixed-use property with existing residential income, event space potential, and strong upside in a desirable Chicago location.
Presented By: Keller Williams ONEChicago
General for 3935 S Kedzie Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseOther
DirectionsArcher Avenue then turn North on Kedzie Ave. property is on the corner of 39th Place and Kedzie Ave.
ElectricCircuit Breakers, Service - 101 to 200 Amps
Electric Expense520
Fuel Expense198
Gross Income
Insurance Expense2200
Lot Size Square Feet5625
MLS AreaCHI - Brighton Park
Number Of Units Total7
PossessionClosing, Immediate
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount6830.84
Tax Year2024
Tenant PaysVaries by Tenant
Trash Expense0
Water Sewer Expense150
Year Built1916
ZoningCOMMR
Exterior for 3935 S Kedzie Avenue
Building Area Total4375
Lot Dimensions25X125
Additional Details
Price History

SQFT • 4,375