Renovated Single-Tenant Storefront
For Sale
Contact for pricing
4314 South Kedzie Avenue, Chicago, IL 60632
Recently modernized retail asset occupied by Speed Queen with structured rent growth and renewal options.
Property Size7,014 SF
Price / SF$228.12
Days on Market97
Property Features for 4314 South Kedzie Avenue
General Information
Standard status
Active
Size
7,014 SF
Total Parking Spaces
25
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Stabilized
Net Operating Income
$129,408
Building Details
Year Built
1953
Year Renovated
2025
Units
1
Tenancy
Single
Listing Agency:
Brookline Real Estate
Listed By:
Dominick Cannata · License #IL 00000
(630) 590-5910
Source:
Crexi
Added: Jul 2
Changed: Oct 4
Last Checked: Oct 5 at 7:31PM
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 Brookline Real Estate
Investment Insights
Based on property information with market context.
This single-tenant storefront property at 4314 South Kedzie Avenue contains ±7,014 square feet of retail space. Constructed in 1953 and fully renovated in 2025, the building combines an established physical footprint with recent modernization. Speed Queen occupies the property as the current tenant.
The tenancy includes 2.5% annual rental increases and three 5-year renewal options, creating defined lease-term extension provisions for a future owner. The property is located in Chicago’s Southwest Chicago retail submarket and is offered as a retail investment asset.
The tenancy includes 2.5% annual rental increases and three 5-year renewal options, creating defined lease-term extension provisions for a future owner. The property is located in Chicago’s Southwest Chicago retail submarket and is offered as a retail investment asset.
Key Highlights
- ±7,014‑square‑foot single‑tenant retail building
- Occupied by Speed Queen
- Fully renovated in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,473
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,460
$1.5M
Cap Rate 7%
$1,078,186
$1.1M
Cap Rate 9%
$838,589
$838.6K
Market Conditions
NOI Build-Up for 7,014 SF
Gross rent
$117.8K $16.80/SF
− Vacancy
−$10.0K −$1.43/SF
EGI
$107.8K $15.37/SF
− OpEx
−$32.3K −$4.61/SF
NOI
$75.5K $10.76/SF
Area
ZIP 60632
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,460
Cap Rate 7%
$1,078,186
Cap Rate 9%
$838,589
Alternative Uses
Best Use
Retail
$1.08M
$943.4K – $1.26M
NOI $75,473 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,063 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 6%
Electronics 2%
Apparel 2%
Dollar Tree
Shops & Services
15,151 visits/mo
0.1 miles
Chase Bank
Shops & Services
8,792 visits/mo
0.1 miles
AutoZone
Shops & Services
6,336 visits/mo
0.5 miles
Huntington Bank
Shops & Services
6,109 visits/mo
0.3 miles
PLS Financial Services
Shops & Services
5,770 visits/mo
0.4 miles
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 Retail in Chicago, IL
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Similar Off Market Nearby
- Anna's Gift & Flower Shop — 4382 S Archer Ave, Chicago, IL 60632
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- Diamonds Flowers — 4004 S Archer Ave, Chicago, IL 60632
- Tulips Flores & Mas — 3750 S Kedzie Ave, Chicago, IL 60632
Frequently Asked Questions
What type of property is this?
Storefront property - Recently modernized retail asset occupied by Speed Queen with structured rent growth and renewal options.
Where is this storefront property located?
The property is located at 4314 South Kedzie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: ±7,014‑square‑foot single‑tenant retail building; Occupied by Speed Queen; Fully renovated in 2025
