8318 S Kedzie Ave, Chicago, IL 60652

Listing office Fathom Realty IL LLC Show Phone

Listing date Aug 30, 2024

Source Exprealty

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Overview

This property features three commercial storefronts zoned B-2, suitable for retail or office use. Located on busy Kedzie Avenue, the property benefits from significant traffic. Each storefront offers 1,100 square feet, totaling 3,300 square feet. The property is fully occupied, with the owner currently occupying one of the three units and open to a leaseback arrangement. One unit is actively listed for rent, while the other two units have long-term tenants. The property has a 14% cap rate. Situated on two city lots, the property includes 50 feet of frontage on Kedzie Avenue and ample parking in the back. The building features a flat, newer roof, ensuring low maintenance. Seller financing is available.

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Kitchen & Bath Showroom Hotel & Motel Nursing Home Computer & Electronic Repair Accounting Firm Nursing Home Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.7025

Latitude

41.7419

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FAQs

What type of property is this?

Storefront property - Three commercial storefronts ideal for retail or office use.

Where is this storefront property located?

The property is located at 8318 S Kedzie Ave Chicago, IL.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Excellent 14% Cap Rate investment opportunity.; Seller financing available, property owned free and clear.; Fully occupied with long‑term tenants; owner leaseback or vacancy possible.