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    8318 S Kedzie Avenue

    Chicago, IL 60652
    • $399,000
    • STATUS: Active
    • ON SITE: 923 days
    • MLS #: 10020818
    UPDATED: 53 min ago
    $399,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $111
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    FULLY OCCUPIED SALE AND LEASEBACK. IDEAL FOR RETAIL OR OFFICE. 3 UNITS ALL OCCUPIED, OWNER REQUIRES LONG TERM LEASE BACK IF SALE, PARKING IN REAR, 3 UNIT BLDG, $48K/YEAR REVENUE, 11% CAP RATE, HIGH TRAFFIC COUNT. 2 LONG TERM TENANTS. OWNER IN THIRD UNIT WILL SIGN LEASE BACK GREAT CASH FLOW AND HIGH CAP RATE. LOW MAINTENANCE AND TAXES. SITS ON 2 CITY LOTS 50 X 125 TOTAL. 50 FEET OF FRONTAGE ON BUSY KEDZIE. 2 PINS

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2021-01-26T14:53:35.483 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    8318 S Kedzie Avenue Chicago, IL 60652

    • Price: $399,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 10020818
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,600
    SQFT
    $111
    $/SQFT
    1950
    Built
    Neighborhood:
    Chi - Ashburn
    County:
    Cook
    Area:
    Chi - Ashburn
    Property Description
    FULLY OCCUPIED SALE AND LEASEBACK. IDEAL FOR RETAIL OR OFFICE. 3 UNITS ALL OCCUPIED, OWNER REQUIRES LONG TERM LEASE BACK IF SALE, PARKING IN REAR, 3 UNIT BLDG, $48K/YEAR REVENUE, 11% CAP RATE, HIGH TRAFFIC COUNT. 2 LONG TERM TENANTS. OWNER IN THIRD UNIT WILL SIGN LEASE BACK GREAT CASH FLOW AND HIGH CAP RATE. LOW MAINTENANCE AND TAXES. SITS ON 2 CITY LOTS 50 X 125 TOTAL. 50 FEET OF FRONTAGE ON BUSY KEDZIE. 2 PINS
    Exterior Features

    Construction Materials Brick Number Of Drive In Doors 0 Number Of TLDocks 0 Parking Total 4

    Interior Features

    Cooling Central AirCentral Individual Electric Circuit Breakers Fire Protection Alarm MonitoredFire Extinguisher/S Heat Ventilation Ceiling Units Leasable Area 3300

    Property Features

    Additional Parcels YN Yes Built Before1978 YN Yes Cap Rate 11 Existing Lease Type Gross Expense Year 2019 Exterior Building Type Brick Extra Storage Spaces Available YN No Geographic Locale South SuburbanSouthwest Suburban Gross Income 48000 Gross Rentable Area 3300 Gross Scheduled Income 48000 Investment YN Yes Lot Size Dimensions 50X125 Min Avail Sq Ft Rentable 1100 Net Operating Income Year 2019 Number Of Tenants 2 Operating Expense 17532 Property Offered For Sale Or Rent Tax Annual Amount 15405 Tax Year 2018 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceScavenger Unincorporated YN No Zoning Offic

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Pointe Realty Llc.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2021-01-26T14:53:35.483 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647