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Mixed-Use Property with Banquet Hall
For Sale
$230,000

3935 S Kedzie Ave, Chicago, IL 60632

Corner-lot building combining event space, residential rooms, storage areas, and on-site parking.

Property Size4,375 SF
Price / SF$52.57
Days on Market23

Property Features for 3935 S Kedzie Ave

General Information

Standard status Active
Size 4,375 SF

Building Details

Year Built 1916
Listing Agency: Keller Williams ONEChicago
Listed By: Laquan Henley · License #475173033
Source: Saladinosells
Added: Aug 8 Changed: Aug 28 Last Checked: Aug 29 at 12:06PM

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 ONEChicago

Investment Insights

Based on property information with market context.

The 4,375-square-foot mixed-use building at 3935 S. Kedzie Ave. includes a banquet hall or event venue on the main level, along with a kitchen and two bathrooms. The second floor contains seven SRO units, a shared kitchen, and two additional bathrooms. A basement provides storage and utility areas, while the rear includes a garage and additional parking spaces.

Constructed in 1916, the property occupies a prominent corner lot in Chicago’s Brighton Park area. The asset is being sold as-is and has municipal and building violations that require buyer investigation and resolution. A court-appointed receiver is managing the property during the pre-foreclosure process. Buyers should conduct due diligence concerning physical condition, zoning, code compliance, and outstanding requirements.

Key Highlights

  • 4,375‑square‑foot mixed‑use building at 3935 S. Kedzie Ave., Chicago, IL 60632
  • Main‑level banquet hall or event venue with kitchen and two bathrooms
  • Second floor includes seven SRO units, shared kitchen, and two additional bathrooms

Property Analytics

Current Use

ParkChicago #456118 Parking Lot & Garage

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Daycare Center Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-lot building combining event space, residential rooms, storage areas, and on-site parking.
Where is this mixed-use property located?
The property is located at 3935 S Kedzie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 4,375‑square‑foot mixed‑use building at 3935 S. Kedzie Ave., Chicago, IL 60632; Main‑level banquet hall or event venue with kitchen and two bathrooms; Second floor includes seven SRO units, shared kitchen, and two additional bathrooms
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