7815 S Kedzie Ave, Chicago, IL — Sale in Chicago, IL

  • Price: $1.6M
  • Listing type: For sale
  • Asset type: Business
  • Location: Chicago, IL 60652
  • Size: 6,600 SF
  • Year built: 1962

Investment Figures

Price per square foot
$239
Price per unit
$315,000 across 5 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Stabilized 5-Unit Mixed-Use Investment Opportunity One Commercial Space + Four Residential Units | 100% Stabilized KW Commercial is pleased to offer the opportunity to sell 7815 S Kedzie Ave, Chicago, IL 60652, a 100% leased mixed-use investment asset comprised of four (4) residential units and one (1) ground-floor commercial space. This stabilized property delivers diversified cash flow, structured lease protections, and strong underlying land value—positioning it as a compelling risk-adjusted investment opportunity on Chicago’s Southwest Side. Executive Investment Summary 7815 S Kedzie Ave is a fully stabilized, income-producing mixed-use asset strategically positioned along the well-trafficked South Kedzie Avenue commercial corridor. The property consists of a 6,600 SF building situated on an oversized 11,841 SF land parcel, providing both immediate cash flow stability and long-term intrinsic land value. Originally constructed in 1965 and later repositioned from its former hotel use into its current mixed-use configuration, the property offers an efficient layout with approximately 3,300 square feet of ground-floor commercial space and four residential units above. The diversified tenancy structure reduces volatility typically associated with single-tenant assets, creating a more durable and resilient income profile. Property Overview Asset Type: Stabilized Mixed-Use (4 Residential Units + 1 Commercial Unit) Occupancy: 100% Leased Building Size: 6,600 SF Commercial Footprint: ±3,300 SF (Ground Floor) Land Area: 11,841 SF (Oversized Parcel) Year Built: 1965 Zoning / Use: Mixed-Use (Residential + Commercial) Investment Highlights The asset benefits from a diversified revenue stream blending residential tenancy with a long-term commercial occupant, reducing binary vacancy exposure commonly associated with single-tenant retail properties. The commercial lease structure includes expense participation, providing a partial hedge against inflationary cost increases and s

Market Context

This commercial property in Chicago, IL is listed for sale at $1,575,000 across 6,600 SF ($239/SF). The building dates to 1962. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Chicago, IL — view the full market.

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