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8249 Kedzie Ave Chicago, IL 60652

OFF-MARKET Retail properties & Spaces Google Maps
16,364 SF Built 2002
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1,100 square foot retail space is located in a thriving strip mall at the highly visible corner of Kedzie and 83rd Street in Chicago, Cook County. Built in 2002 and renovated the same year, this single-story building offers a turnkey opportunity for a variety of businesses. The space boasts a modern build-out, including a 10-foot ceiling, a main store area of 31x22 feet, and a separate 15x22-foot storage room, accessible from both the front and rear via secure doors. The space also features a 230-amp electrical service, recessed lighting, and an ADA-compliant employee bathroom. The property includes ample parking with 40 spaces, ensuring convenient access for customers and employees. The high-traffic location, with a daily count of 25,000 cars, guarantees excellent visibility and exposure. The B3-1 zoning allows for diverse uses, including restaurant, retail, beauty salon, boutique, or office space. The property is part of a larger 16,364 square foot building with a total of 12 suites. Currently, 1,100 square feet is available, representing a portion of the vacant space. 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. Visible fixtures are available for sale separately. This is an ideal opportunity to establish a business in a high-traffic, well-maintained location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2002
Total area 16,364 SF

Cap rate & NOI

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

Value estimations

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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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