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Mixed-Use Building with Retail
For Sale
$1,800,000

1-15 N Keeler Avenue, Chicago, IL 60624

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market158

Property Features for 1-15 N Keeler Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning COMMR
Bedrooms 21
Bathrooms 22
Full bathrooms 22
Rooms Bedroom 3, Bathroom 6, Bathroom 13, Bedroom 6, Bedroom 13, Bedroom 2, Bedroom 14, Bedroom 7, Bathroom 20, Bathroom 18, Bathroom 7, Bathroom 16, Bedroom 15, Bathroom 2, Bathroom 19, Bathroom 9, Bathroom 4, Bathroom 3, Bedroom 18, Bathroom 10, Bedroom 9, Bedroom 11, Bathroom 8, Bedroom 17, Bathroom 21, Bedroom 4, Bathroom 14, Basement, Bedroom 19, Bedroom 10, Bedroom 8, Bedroom 16, Bathroom 22, Bathroom 5, Bathroom 1, Bathroom 17, Bedroom 1, Bedroom 5, Bedroom 21, Bathroom 11, Bathroom 12, Bathroom 15, Bedroom 20, Bedroom 12
Basement Unfinished
Directions Madison west of Pulaski. Northeast corner of Madison and Keeler.
Subdivision CHI - West Garfield Park
Standard status Active
APN 16104240170000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 32973

Utilities

Cooling system Central Air

Amenities

cashless laundry

Building Details

Year built 1901
Floors in Building 3
Number of units 24
Building materials Brick
Listing Agency: Keller Williams Preferred Realty · Keller Williams Realty
Listed By: Michael Frank · License #475129769
Added: Mar 19 Changed: Aug 20 Last Checked: Aug 23 at 9:06AM
MLS# 12590364

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.

Investment Insights

Based on property information with market context.

This brick mixed-use property, built in 1901, includes 18 apartments and six retail spaces. The residential component comprises five studios, five one-bedroom units, and eight two-bedroom units. Apartments feature remodeled kitchens and bathrooms, refrigerators, ranges, microwave ovens, and hardwood flooring in living areas and bedrooms. Retail areas have central air, while the building is served by 1200 Amp electrical service. The boiler and water heater were replaced in 2023.

The property occupies a 0.2009-acre corner lot measuring 50x175 feet in Chicago’s Garfield Park area. Nearby destinations and transportation include Tilton Elementary School, Garfield Park Conservatory, Pulaski CTA Green and Blue Line stops, and the 290 Expressway. The Chicago Loop is five miles away. On-site cashless laundry provides additional income, and the property has easy street parking. A 12.65% cap rate and approved 35% reduced tax status, not yet applied, are also reported.

Key Highlights

  • 18 apartments: 5 studios, 5 one‑bedrooms, and 8 two‑bedrooms
  • Six retail spaces, with a grocery store occupying three commercial units
  • 0.2009‑acre corner lot measuring 50x175 feet

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines remodeled apartments with six retail spaces and central air in the commercial areas.
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 $1,800,000.
What are key features of this property?
This property features: 18 apartments: 5 studios, 5 one‑bedrooms, and 8 two‑bedrooms; Six retail spaces, with a grocery store occupying three commercial units; 0.2009‑acre corner lot measuring 50x175 feet
More about this property
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