1245 South Kedzie Avenue, Chicago, IL

$199,999

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About 1245 South Kedzie Avenue

Huge price improvement! Don't miss out on this brick 3 flat mixed-use building in the hot North Lawndale community!! Great location on main street with tons of traffic and exposure for a business on the first floor. All near transportation, shopping, within a short walk to Altus and Menta Academies and 2.5 miles from STEM Magnet Academy. The property could qualify for numerous development, financial incentives or Community Recovery Act tax credit programs. See agent remarks for a complete list and contact for alderman's office. The building offers a very nice commercial office/entertainment space with a meeting room/kitchenette and a 1/2 bathroom on the 1st floor, currently operated by the seller. The 2nd and 3rd floor have 2br/1ba apartments, the tenants pay their own utilities, each apartment has its own furnace, water heater, washer and dryer. Top floor vacant now, 2nd floor is M/Month for flexibility for both investors and owner occupant buyers. Unfinished full basement. Some repairs have been completed, roof has been sealed but interior ceilings and floors have not been repaired. The property has great potential and at the revenue indicated it is a great buy. Sold as-is. Show and write ASAP!

Features of 1245 South Kedzie Avenue

MLS® # 12372362
Price $199,999
Bathrooms 0.00
Acres 0.00
Year Built 1911
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1245 South Kedzie Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 150
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNicholson Real Estate Inc.
Contact Info773-419-0329

Listing Map

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