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listing
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Residential IncomeFor Sale
$249,999
1245 S Kedzie Avenue
Chicago, IL 60623
Courtesy of Nicholson Real Estate Inc.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
4Beds
3Baths
Est. Mortgage
$1,390/mo

Priced to sell brick 3 flat mixed-use building in the hot North Lawndale community!! Located 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. 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. Both are M/Month for flexibility for investors or 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!

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