2815 N Kimball Ave, Chicago, IL 60618
For Sale
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This two-story, 4,000 square foot mixed-use building in Chicago's desirable Logan Square neighborhood (2815 N Kimball Ave, 60618) presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2022, the property boasts two units currently operating at 80% occupancy. The building features a versatile layout, ideal for a variety of uses, including executive, medical, or traditional office spaces, thanks to its RT-4 zoning. Recent improvements include tuck-pointing, roof repairs, and interior upgrades. Amenities include separate entrances, individual bathrooms, and waiting rooms on each floor. The property includes a video surveillance system and entry buzzer for enhanced security. Situated on a lot ranging from 3,000 to 3,125 square feet, this building offers significant redevelopment potential. Its convenient location near the Blue Line, major highways, and local businesses adds to its appeal. The asking price is $439,900, translating to $109.98 per square foot. The property is being sold "AS IS". This is a turn-key opportunity for an investor seeking a high-return property in a thriving Chicago neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.