REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 249,999
Est. payment /mo
Active
1245 S Kedzie AVE Chicago, IL 60623
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12319314
Bedrooms 4
Year Built 1911
Annual Tax Amount $2,476
Tax Year 2022
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Charles Nicholson • Nicholson Real Estate Inc.