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1-15 N Keeler Avenue Chicago, IL 60624

View on Map
For Sale
$1,950,000

COMMERCIAL - Chicago, IL

Lot size:
0.20 Acres
Added:
Mar 19, 2026
Days on Market:
14
Last Refresh:
Apr 1 at 10:06 am

Property Features for 1-15 N Keeler Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
16104240170000
Lot size
0.20 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
32973

Utilities

Utilities
Water Available
Cooling system
Central Air

Building Details

Year built
1901
Floors in Building
3
Number of units
24
Building materials
Brick

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Listing Contact
Michael Frank
Michael Frank

Listing agent Michael Frank License #475129769

Listing office Keller Williams Preferred Realty 16101 108th Ave, Orland Park, IL

Listing date Mar 19, 2026

MLS# 12590363

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Garfield Park Mixed-Use Building

This is a turnkey, previously fully rehabbed, 24-unit mixed-use building located in Garfield Park on a 50x175 foot corner lot. The property has B3-2 zoning and a 12.3% cap rate. The building comprises 5 studios, 5 one-bedroom apartments, 8 two-bedroom apartments, and 6 retail spaces. A grocery store occupies three of the commercial units. The retail spaces are equipped with central air. All apartments have been remodeled with modern bathrooms and kitchens, including refrigerators, ranges, and microwave ovens. Hardwood floors are present throughout the living areas and bedrooms. The building features 1200 Amp electrical service, and the boiler and water heater were replaced in 2023. Street parking is readily available. The location is near Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, athletic facilities, Pulaski CTA Green & Blue Line stops, and the 290 Expressway. It is five miles from the Chicago Loop. A cashless laundry facility on site provides additional income. The property is located within an opportunity zone and has an approved AHSAP 35% reduced tax status, which is not yet applied.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.730502
Latitude
41.880761

FAQs

What type of property is this?
Mixed-use property - 24-unit mixed-use building with retail and residential units.
Where is this mixed-use property located?
The property is located at 1-15 N Keeler Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 12.3% cap rate on a 24‑unit mixed‑use building in a prime Garfield Park location.; Turnkey condition with fully rehabbed apartments featuring modern bathrooms and kitchens.; Six retail spaces, including a grocery store, providing diverse income streams.
More about this property
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