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

1-15 N Keeler Avenue, Chicago, IL 60624

COMMERCIAL - Chicago, IL

Lot Size0.20 Acres
Days on Market136

Property Features for 1-15 N Keeler Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Madison west of Pulaski. Northeast corner of Madison and Keeler.
Subdivision CHI - West Garfield Park
Standard status Active Under Contract
APN 16104240170000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 32973

Utilities

Utilities Water Available
Cooling system Central Air

Amenities

on-site laundry
hardwood floors

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: Jul 31 Last Checked: Aug 1 at 1:06PM
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.

Investment Insights

Based on property information with market context.

Turnkey, previously fully rehabbed mixed-use building on a 50 x 175 corner lot. The property includes 24 total units: five studios, five one-bedrooms, eight two-bedroom apartments, and six retail spaces. Retail spaces have central air.

The apartments have been remodeled with modern bathrooms and kitchens that include refrigerators, ranges, and microwave ovens. Hardwood floors run throughout the living areas and bedrooms. The building has 1200 Amp electrical service, and the boiler and water heater were replaced in 2023. Parking is supported by easy street parking and the property offers cashless laundry on site.

Located on N Keeler Avenue in an opportunity zone. The property is described with B3-2 zoning and a zoning designation of COMMR. The listing notes an AHSAP 35% reduced tax status that has been approved but not yet applied.

Key Highlights

  • 24 total units: five studios, five one‑bedrooms, eight two‑bedroom apartments, plus six retail spaces
  • 50 x 175 corner lot on a 0.2009‑acre parcel
  • Retail spaces have central air

Property Analytics

Current Use

Storefront properties

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

984
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

Properties on Market for Mixed-use properties in Chicago

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mixed-use property - Turnkey 24-unit mixed-use building with five studios, five one-bedrooms, eight two-bedrooms, plus six retail spaces.
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: 24 total units: five studios, five one‑bedrooms, eight two‑bedroom apartments, plus six retail spaces; 50 x 175 corner lot on a 0.2009‑acre parcel; Retail spaces have central air
More about this property
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