Mixed-Use Corner Property with Event
3935 South Kedzie Avenue Chicago, IL 60632
3935 South Kedzie Avenue, Chicago, IL, 60632
$230,000
For Sale
$230,000
Mixed-use corner building with a main-level event venue and income-producing SRO units, sold as-is with violations.
Property Size5,625 SF
Price / SF$40.89
Days on Market110
Property Features for 3935 South Kedzie Avenue
General Information
- Standard status
- Active
- Size
- 5,625 SF
Building Details
- Year Built
- 1916
Listing agency
Keller Williams ONEChicago
(847) 346-8168
Listed by
Laquan Henley · License #475173033
(847) 346-8168
Source
Compass
Added: Apr 4 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 6:50AM
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Investment Insights
Based on property information with market context.
This mixed-use corner property includes a spacious banquet hall/event venue on the main level, along with a kitchen area and two bathrooms for guest use. The second level is configured with seven fully occupied SRO (single room occupancy) units, supported by a shared kitchen and two additional bathrooms. A basement provides substantial storage and utility areas, and the rear of the property includes a garage and additional parking spaces.
The property is located at 3935 S. Kedzie Ave. in Chicago’s Brighton Park area. It is being offered by a court-appointed receiver in a pre-foreclosure context, with ownership seeking a prompt sale and cash offers strongly preferred.
The building is sold as-is, and there are municipal/building violations that the buyer will be responsible for investigating and addressing after closing. Interested parties should complete their own due diligence regarding the property’s condition, zoning, code compliance, and any outstanding requirements. The asset may be suitable for investors, developers, or experienced owner-operators looking to manage the existing event space and residential income components, or to pursue redevelopment and repositioning based on their business plan.
The property is located at 3935 S. Kedzie Ave. in Chicago’s Brighton Park area. It is being offered by a court-appointed receiver in a pre-foreclosure context, with ownership seeking a prompt sale and cash offers strongly preferred.
The building is sold as-is, and there are municipal/building violations that the buyer will be responsible for investigating and addressing after closing. Interested parties should complete their own due diligence regarding the property’s condition, zoning, code compliance, and any outstanding requirements. The asset may be suitable for investors, developers, or experienced owner-operators looking to manage the existing event space and residential income components, or to pursue redevelopment and repositioning based on their business plan.
Key Highlights
- Mixed‑use corner building in Brighton Park with main‑level banquet hall/event venue and separate SRO income units
- Year built 1916; second level includes seven fully occupied SRO units plus a shared kitchen and two additional bathrooms
- Main level features kitchen area and two bathrooms for event attendees and guests
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ParkChicago #456118
Parking Lot & Garage
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use corner building with a main-level event venue and income-producing SRO units, sold as-is with violations.
Where is this mixed-use property located?
The property is located at 3935 South 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: Mixed‑use corner building in Brighton Park with main‑level banquet hall/event venue and separate SRO income units; Year built 1916; second level includes seven fully occupied SRO units plus a shared kitchen and two additional bathrooms; Main level features kitchen area and two bathrooms for event attendees and guests
