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8235 Kedzie Ave Chicago, IL 60652

OFF-MARKET Retail properties & Spaces Google Maps
16,455 SF 0.92 ac lot Built 2005
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail opportunity presents 8,400 square feet of vacant space within the Ashburn Mall, located at 8235 S Kedzie Ave, Chicago, IL 60652. The property, built in 2005 and renovated the same year, is a Class B, single-story building totaling 16,455 square feet across 12 suites. Individual spaces range from a minimum of 1,100 square feet to a maximum contiguous space of 4,000 square feet, offering flexibility for various business needs. The 0.92-acre lot (40,075 square feet) provides ample parking with 40 spaces available. The building boasts convenient curb cuts on both Kedzie and 83rd Street, ensuring high visibility and accessibility. Power ranges from 230 to 460 amps depending on the specific space. Each unit features an open layout, an ADA-compliant bathroom, and a mop sink. The property is zoned B3-1 and benefits from its location in a high-traffic area with approximately 24,000 cars passing daily. The property's APN is 19-36-124-061 / 19-36-124-021 / 19-36-124-062 / 19-36-124-063 / 19-36-124-022 in Cook County. The property is ideal for a variety of uses, including retail, restaurants, and office space. Lease terms are negotiable.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 16,455 SF
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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