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Mixed-Use Property with Storefronts

11114 S Kedzie Ave, Chicago, IL 60655

For Sale
$699,900

Three commercial storefronts are paired with two vacant two-bedroom apartments and a separate city lot.

Property Size6,600 SF
Price / SF$106.05
Days on Market92

Property Features for 11114 S Kedzie Ave

General Information

Standard status Active
Size 6,600 SF

Site & Location

Neighborhood Mount Greenwood

Additional Details

Office Units 3

Building Details

Year Built 1959
Buildings 1
Building Size 6,600 SF
Tenancy Multi
Listing Agency: First In Realty, Inc.
Listed By: Robert Fleckenstein · License #475168443
Source: Amyboston.realtopiare
Added: Aug 10 Changed: Oct 25 Last Checked: Oct 7 at 2:02PM

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 First In Realty, Inc.

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Investment Insights

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This mixed-use property combines three retail/office storefronts with residential space in a 6600 SF building. Each storefront is approximately 1000SF, and long-term tenants occupy the commercial units. Two large two-bedroom apartments are currently vacant, providing additional residential space within the property. The building was constructed in 1959 and is being offered as-is through an estate sale.

A separate vacant city lot measuring 30' X 127' is included at the property. It may remain available for parking or support future construction, subject to applicable approvals. The property is located at 11114 S Kedzie Ave in Chicago, IL 60655, within the Mount Greenwood neighborhood.

Key Highlights

  • 6600 total SF building constructed in 1959
  • 3 retail/office storefronts, approximately 1000SF each
  • Long‑term tenants occupy the commercial storefronts

Property Analytics

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Open Analytics

Current Use

Another One Bites ... Hair Salon Sculpted Beauty (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Restaurant Food Market Grocery & Convenience Store Skin Care Clinic Parking Lot & Garage

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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 60655, IL

27,837
Population
11,277
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
6,327
Density / Sq Mi
$114,443
Median Household Income
$72,169
Median Earnings
$1,468
Median Rent
$303,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Chicago, IL

$342 Jul
$241 Aug
$205 Sep
$203 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three commercial storefronts are paired with two vacant two-bedroom apartments and a separate city lot.
Where is this mixed-use property located?
The property is located at 11114 S Kedzie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 6600 total SF building constructed in 1959; 3 retail/office storefronts, approximately 1000SF each; Long‑term tenants occupy the commercial storefronts
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