MLS#12590363
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Outstanding, turnkey, previously fully rehabbed, Garfield Park 24-unit mixed use building in prime location with 12.65% cap rate on 50x175 foot corner lot with B3-2 zoning. Building consists of 5 studios, 5 one-bedrooms, 8 two-bedroom apartments & 6 retail spaces (Grocery store accounts for three of the commercial units). Retail spaces have central air. All apartments have been remodeled with modern bathrooms & kitchens with refrigerators, ranges and microwave ovens. Hardwood floors throughout living area and bedrooms. 1200 Amp electrical service! Boiler and water heater replaced in 2023. Easy street parking. Fantastic location is close to Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, and athletic facilities, Pulaski CTA Green & Blue Line stops, and 290 Expressway. Five miles to Chicago Loop. Cashless laundry on site provides additional income. Located within an opportunity zone. AHSAP 35% reduced tax status approved not yet applied.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.20 Acres
Stories: 3.0
Taxes: $32,973
Year Built: 1901
Feature Descriptions
Electric: Circuit Breakers, Over 600 Amps
Exterior: Brick
Fire Protection: Other
Frontage Type: City Street
HVAC: Gas, Hot Water
Location: Central Business District
Lot Dimensions: 50 X 175
Miscellaneous Indoor: Basement, Laundry Room
Number of Tenant(s): 20
Parcel#: 16104240170000
Tenant Pays: Electricity
Units: 24
Utilities: Electric to Site, Natural Gas Available, Water Available
Listed By / Shown By
Listed By
Agency Name: Keller Williams Preferred Realty
Agency Phone: 708-798-1111
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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1-15 N Keeler Avenue | MLS# 12590363
This commercial property located at 1-15 N Keeler Avenue, Chicago, IL 60624 is currently listed for sale with an asking price of $1,900,000. Search Chicago real estate on www.bhhscrosby.com today.