Kedzie Apartments in
For Sale
Contact for pricing
14513 Kedzie Ave, Posen, IL 60469
32-unit apartment building with strong cash returns.
Property SizeContact for details
Days on Market219
Property Features for 14513 Kedzie Ave
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
D
Net Operating Income
$224,490
Building Details
Year Built
1964
Buildings
2
Stories
2
Listing Agency:
Real Realty Inc.
Listed By:
James Clough · License #IL - 475.147791
Source:
Crexi
Added: Jan 14
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 Real Realty Inc.
Investment Insights
Based on property information with market context.
The Kedzie Apartments, located in Posen in southern Cook County, are available for sale. This property features 32 apartments, consisting of 16 studio apartments and 16 one-bedroom, one-bathroom units. A significant portion of the units, specifically 24 out of the 32 apartments, have undergone full renovation. The renovated apartments command higher rental rates, averaging $100 more than the non-renovated units. The property demonstrates strong returns, currently yielding a cash return of over 14%. In terms of utilities, tenants are responsible for their individual heat and electricity expenses, while the landlord covers the cost of water. Each building includes a 1/2 basement, and there is also a storage shed available on the premises.
Key Highlights
- Strong cash return of over 14%.
- Opportunity to acquire 32 apartments (16 studios and 16 one bed one baths).
- 24 of 32 apartments have been fully renovated.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 60469, IL
5,469
Population
1,704
Households
3.2
Avg Household Size
35
Median Age
13%
College-Educated
85%
High-School Grad
1.1 sq mi
ZIP Area
4,972
Density / Sq Mi
$72,041
Median Household Income
$32,763
Median Earnings
$1,478
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 32-unit apartment building with strong cash returns.
Where is this apartment building located?
The property is located at 14513 Kedzie Ave Posen, IL.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: Strong cash return of over 14%.; Opportunity to acquire 32 apartments (16 studios and 16 one bed one baths).; 24 of 32 apartments have been fully renovated.
