Turnkey Garfield Park Mixed-Use
For Sale
Contact for pricing
Pending
1-15 N Keeler Avenue, Chicago, IL 60624
24-unit mixed-use building with retail and residential units.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market158
Property Features for 1-15 N Keeler Avenue
General Information
Standard status
Pending
Lot size
0.20 Acres
Property subtype
Mixed Use
Zoning
COMMR
Occupancy
83%
Investment Type
Stabilized
Building Details
Year Built
1901
Buildings
1
Stories
3
Units
24
Listing Agency:
Keller Williams Preferred Realty
(773) 251-8963
Listed By:
Michael Frank · License #IL 475.129769
Source:
Crexi
Added: Mar 18
Changed: Aug 22
Last Checked: Aug 14 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Preferred Realty
Investment Insights
Based on property information with market context.
This is an outstanding, turnkey, previously fully rehabbed 24-unit mixed-use building located in a prime location in Garfield Park. The building sits on a 50x175 foot corner lot and is zoned B3-2. It features 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 and include modern bathrooms and kitchens with refrigerators, ranges, and microwave ovens. Hardwood floors are installed throughout the living areas and bedrooms. The building has a 1200 Amp electrical service. 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, and athletic facilities, as well as the 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 AHSAP 35% reduced tax status approved but not yet applied.
Key Highlights
- 12.3% Cap Rate on a 24‑Unit Mixed‑Use Building
- Prime Garfield Park Location near Transportation, Parks, and Schools
- Recently Rehabbed Apartments with Modern Kitchens and Bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
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 $1,800,000.
What are key features of this property?
This property features: 12.3% Cap Rate on a 24‑Unit Mixed‑Use Building; Prime Garfield Park Location near Transportation, Parks, and Schools; Recently Rehabbed Apartments with Modern Kitchens and Bathrooms
