Auction 5/17: Retail/Apartment Building With Upside Potential
Sold
9301-05 S. Kedzie Ave.
Evergreen Park, IL
4,335 SF
Office/Residential
The Details
Sealed Bid Auction May 17th
- 4,335 SF mixed use building
- 100% occupied building
- Three commercial units
- Two 750 SF storefront
- One 1,440 SF storefront
- Second floor apartment
- 3 bedroom, 2 bath
- Individually metered units
- Leased to long-term tenants
- Annual Gross Rent: $41,880
- Great for user or investor
- Traffic Count: 23,600 cars daily
- Zoning: C, commercial
- Taxes (2015): $10,529
This 4,335 square foot mixed-use building, with three commercial and one residential unit, has great potential to add value. Several of the storefronts are leased to long-term tenants and there is solid in-place income. Two of the storefronts have frontage on Kedzie, while one of the 750 square foot units is on 93rd St. The available second floor apartment has three bedrooms and two baths. This property is a great opportunity for a user or investor.
Evergreen Park is a largely residential, middle-class community on the south side of Chicago with 19,852 residents. Close to Beverley, there are approximately 18,000 residents within a one mile radius of this location.
* Minimum bid shown does not include the 6.0% Buyer's Premium