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24-Unit Apartment Building with Retail
For Sale
Under Contract
$1,800,000

1-15 N Keeler Avenue, Chicago, IL 60624

MULTI_FAMILY - Chicago, IL

Lot Size0.20 Acres
Days on Market136

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 6, Bathroom 22, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 17, Bedroom 19, Bathroom 4, Bathroom 2, Bathroom 15, Bathroom 8, Bedroom 10, Bedroom 12, Bedroom 14, Bathroom 13, Bathroom 11, Bathroom 12, Bedroom 21, Basement, Bathroom 18, Bathroom 7, Bedroom 15, Bathroom 5, Bedroom 13, Bedroom 7, Bedroom 11, Bedroom 20, Bathroom 20, Bedroom 4, Bathroom 21, Bathroom 6, Bathroom 16, Bathroom 14, Bedroom 1, Bedroom 18, Bedroom 3, Bathroom 10, Bedroom 9, Bathroom 19, Bedroom 17, Bathroom 3, Bedroom 16, Bathroom 9, Bedroom 2
Basement Unfinished
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

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 1 Last Checked: Aug 1 at 3:06PM
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.

Previously fully rehabbed 24-unit mixed-use building on a 50x175 foot corner lot. The apartment mix includes 5 studios, 5 one-bedrooms, and 8 two-bedroom apartments, plus 6 retail spaces. Retail space tenants include a grocery store accounting for three of the commercial units. Retail spaces feature central air.

All apartments have been remodeled with modern bathrooms and kitchens, including refrigerators, ranges, and microwave ovens, and hardwood floors throughout living areas and bedrooms. The building has a brick construction, was built in 1901, and offers a basement. An approximately 1200 Amp electrical service is in place, and the boiler and water heater were replaced in 2023. Cashless laundry on site provides additional utility for residents, along with easy street parking.

The property is located within an opportunity zone and is described as having B3-2 zoning. An AHSAP 35% reduced tax status is listed as approved but not yet applied. Nearby access includes Tilton Elementary School, Garfield Park Conservatory, Pulaski CTA Green and Blue Line stops, and the 290 Expressway, with Chicago Loop about five miles away.

Key Highlights

  • 24‑unit mix: 5 studios, 5 one‑bedrooms, 8 two‑bedroom apartments, plus 6 retail spaces
  • 50x175 foot corner lot; B3‑2 zoning on a 0.2009‑acre parcel
  • Central air in the retail spaces

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

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

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?
Apartment building - Previously fully rehabbed 24-unit mixed-use building with central-air retail on a 0.2009-acre lot.
Where is this apartment building 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‑unit mix: 5 studios, 5 one‑bedrooms, 8 two‑bedroom apartments, plus 6 retail spaces; 50x175 foot corner lot; B3‑2 zoning on a 0.2009‑acre parcel; Central air in the retail spaces
More about this property
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