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Mixed-Use Property With Event Space
For Sale
$230,000

3935 S Kedzie Avenue, Chicago, IL 60632

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market93

Property Features for 3935 S Kedzie Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Archer Avenue then turn North on Kedzie Ave. property is on the corner of 39th Place and Kedzie Ave.
Subdivision CHI - Brighton Park
Standard status Active
APN 19011040010000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6831

Utilities

Cooling system Central Air

Building Details

Year built 1916
Floors in Building 2
Number of units 7
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Laquan Henley · License #475173033
Added: May 28 Changed: Aug 19 Last Checked: Aug 28 at 7:06PM
MLS# 12660583

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1916, this brick mixed-use property at 3935 S. Kedzie Avenue 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. The units are currently occupied, with tenants expected to vacate before the sale.

The lower level provides storage and utility areas, while the rear includes a garage and additional parking spaces. The property occupies a 0.1291-acre corner lot in Chicago and has COMMR zoning. Central air is installed. The building is being offered as-is and has municipal and building violations that require buyer investigation and resolution. A court-appointed receiver is managing the property, and buyers should complete independent review of condition, zoning, code compliance, and outstanding requirements.

Key Highlights

  • Main‑level banquet hall or event venue with kitchen and two bathrooms
  • Seven SRO units on the second floor
  • 0.1291‑acre corner lot in Chicago

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.

Lease Details

7
Residential units
100%
Occupancy

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 - Brick mixed-use building with a banquet hall, kitchen, residential rooms, storage, and rear parking.
Where is this mixed-use property located?
The property is located at 3935 S Kedzie Avenue 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: Main‑level banquet hall or event venue with kitchen and two bathrooms; Seven SRO units on the second floor; 0.1291‑acre corner lot in Chicago
More about this property
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