3935 S Kedzie Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60632- Brighton Park
$230,000 USD
3935 S Kedzie Ave, Chicago, IL for Sale
$230,000 USD
Storefront Retail/Residential - FOR SALE
1/44
null | Request Cap Rate

3935 S Kedzie Ave
Chicago, IL 60632
Brighton Park


HIGHLIGHTS

  • Corner lot location providing strong visibility along Kedzie Avenue.
  • Flexible ground-floor layout suitable for event, retail, or community-oriented uses.
  • Located in Brighton Park, a dense, urban neighborhood with established retail corridors.
  • Value-add or redevelopment potential for investors or owner-users.

OVERVIEW

**PRE-FORECLOSURE OPPORTUNITY - RECEIVER APPOINTED - CASH OFFERS PREFERRED** Mixed-use investment opportunity located at 3935 S. Kedzie Ave., Chicago, IL. This property is currently in pre-foreclosure, with a court-appointed receiver managing the asset, and ownership is seeking a prompt sale. The building features a spacious banquet hall/event venue on the main level, offering significant potential for event operations, community gatherings, entertainment uses, or redevelopment opportunities. The first floor includes a kitchen area and two bathrooms to accommodate guests and event attendees. The second level consists of seven fully occupied SRO (Single Room Occupancy) units, along with a shared kitchen and two additional bathrooms and the tenants will be moving before the sale. The basement offers substantial storage space and utility areas, while the rear of the property includes a garage and additional parking spaces. The property is being sold as-is and currently has municipal/building violations that will be the responsibility of the buyer to investigate and address after closing. Buyers are encouraged to perform their own due diligence regarding the property's condition, zoning, code compliance, and any outstanding requirements. Located on a prominent corner lot in Chicago's Brighton Park area, this property presents numerous possibilities for investors, owner-operators, and developers seeking a value-add asset with income-producing components. Receiver-appointed sale. Cash offers strongly preferred. Property is being marketed for a quick sale and is best suited for investors, developers, or experienced operators seeking a redevelopment or repositioning opportunity. Don't miss this opportunity to acquire a unique mixed-use property with existing residential income, event space potential, and strong upside in a desirable Chicago location.

FOR SALE DETAILS

PRICE

$230,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,942 SF

ZONING

B3-1

APN/PARCEL ID

19-01-104-001-0000

ASK ABOUT THIS PROPERTY

Tony HardyMidwest Investment AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tony HardyMidwest Investment AdvisorsMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.