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    11114 S Kedzie Ave, Unit Chicago Chicago, IL 60655

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    For Sale
    $699,900

    Mixed-use property with retail, residential, and development potential.

    Property Features for 11114 S Kedzie Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1959

    Source: FIRST IN REALTY, INC. Agent ROBERT FLECKENSTEIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Mount Greenwood

    This mixed-use property, located in the Mount Greenwood neighborhood of Chicago, presents an opportunity for investment. The property includes three retail/office storefronts, each approximately 1000 square feet, with long-term tenants. Additionally, there are two vacant two-bedroom residential apartments. A vacant city lot measuring 30' x 127' is included, which can be used as a parking lot or for further development to maximize potential. The building has a total area of 6600 square feet. This is an estate sale and the property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Another One Bites ... Beauty Salon Sculpted Beauty Health And Beauty Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.701165
    Latitude
    41.6911066

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail, residential, and development potential.
    Where is this mixed-use property located?
    The property is located at 11114 S Kedzie Ave, Unit Chicago 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: - Located in the highly desirable Mount Greenwood neighborhood of Chicago.; - Includes 3 occupied retail/office storefronts (approximately 1000 SF each) with long-term tenants, providing immediate income.; - Features 2 large, vacant two-bedroom residential apartments, offering immediate rental income potential.
    (773) 779-3473
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    11114 S Kedzie Ave, Unit Chicago Chicago, IL 60655
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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
    11114 S Kedzie Ave, Unit Chicago Chicago, IL 60655
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