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    531 N Kedzie Ave Chicago, IL 60612

    For Sale
    $359,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Days on Market:
    35
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 531 N Kedzie Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    OTHER
    APN
    16121060060000

    Building Details

    Number of units
    1
    Architectural style
    Other

    Jameson Real Estate LLC (312) 335-3291 [email protected]

    Listing agent Jeanette Cortinas (312) 751-0300 License #475165662

    Listing date Nov 10, 2025

    MLS# 12430176 Listing URL

    Copyright © 2025 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

    East Garfield Park Mixed-Use Opportunity

    Located in East Garfield Park, this property presents an opportunity for investors, developers, or end-users. Previously used as a religious facility, the property is now a fully gutted shell, offering a blank canvas for redevelopment. The location provides proximity to transit, parks, and new development. The property is zoned for flexibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Tabernacle Of Faith Church Old St Paul ... Catholic Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7060782
    Latitude
    41.89132

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    FAQs

    What type of property is this?
    Church & religious facility - Gutted shell in transforming neighborhood, ready for creative redevelopment.
    Where is this church & religious facility located?
    The property is located at 531 N Kedzie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Fully gutted shell provides a blank canvas for complete customization and redevelopment.; - Prime East Garfield Park location in a rapidly transforming neighborhood.; - Flexible zoning allows for diverse redevelopment possibilities.
    (312) 751-0300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    531 N Kedzie Ave Chicago, IL 60612
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