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8318 S Kedzie Ave Chicago, IL 60652

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For Sale
$299,900

Three commercial storefronts ideal for retail or office use.

Property Features for 8318 S Kedzie Ave

General Information

Standard status
Active

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Listing Contact
James Tragos
Source: Exprealty

Listing Agency: Fathom Realty IL LLC Listing Agent: James Tragos

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

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Overview

Commercial Storefronts on Busy Kedzie

This property features three commercial storefronts zoned B-2, suitable for retail or office use. Located on busy Kedzie Avenue, the property benefits from significant traffic. Each storefront offers 1,100 square feet, totaling 3,300 square feet. The property is fully occupied, with the owner currently occupying one of the three units and open to a leaseback arrangement. One unit is actively listed for rent, while the other two units have long-term tenants. The property has a 14% cap rate. Situated on two city lots, the property includes 50 feet of frontage on Kedzie Avenue and ample parking in the back. The building features a flat, newer roof, ensuring low maintenance. Seller financing is available.
Location Intelligence

Current Use by Public Records

All Those Essentials ... Eyelash Salon

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7025326
Latitude
41.7418938

FAQs

What type of property is this?
Storefront property - Three commercial storefronts ideal for retail or office use.
Where is this storefront property located?
The property is located at 8318 S Kedzie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: - Excellent 14% Cap Rate investment opportunity.; - Seller financing available, property owned free and clear.; - Fully occupied with long-term tenants; owner leaseback or vacancy possible.
More about this property
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