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Kedzie Ave Shopping Center

4 Retail Properties Offered at £4,314,255 in Chicago, IL

Investment Highlights

  • Investment
  • TOD | Kimball & Kedzie Brown Line
  • Lawrence: 13,700 VPD, Lawrence Frontage: +/-125'
  • Redevelopment Site
  • Kedzie: 14,300 VPD, Kedzie Frontage: +/-220'

Executive Summary

PROPERTY DESCRIPTION
The site is made up of 4 buildings. 4738-46 N. Kedzie has retail on street level and has
two apartments on second floor with 5 parking spaces behind the building. 4748-50 N
Kedzie has a restaurant on street level and two apartments on second floor. 4752 N
Kedzie has a single floor retail building. 3201-13 W Lawrence is a single level building.
+/- 220' frontage on Kedzie and +/- 125' of frontage on Lawrence Ave. Prime location
for an investment site with growth in rental income with existing Tenants or a
redevelopment site. All long term Tenants that are on a MTM lease but will to do long
term Leases. Income from Tenants is over $460,800 annually. Rent Roll upon request.
PIN #'s: 13-14-206-018, 13-14-206-019, 13-14-206-020, & 13-14-206-021
LOCATION DESCRIPTION
Located on the corner of West Lawrence and N Kedzie in the Albany Park
Neighborhood. Albany Park is one of 77 well-defined community areas of Chicago.
Located on the Northwest Side of the City of Chicago with the North Branch of the
Chicago River forming its east and north boundaries. Close to two brown line stops
and is a TOD. (Kimball and Kedzie)
SITE DESCRIPTION
These properties sit on the corner of N Kedzie and W Lawrence Ave. National Tenants
surrounding the site include: McDonalds, Starbucks, Family Dollar, Dunkin, and
Popeyes. Close to Theodore Roosevelt High School. Kedzie has over 14,300 VPD and
Lawrence has over 13,700 VPD.

Property Facts

Price £4,314,255
Price / SF £127.70 / SF
Sale Conditions Development Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 33,784 SF
Total Land Area 0.75 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3201-3213 W Lawrence Ave, Chicago, IL 60625 Retail 8,694 SF 1915 -
4748-4750 N Kedzie Ave, Chicago, IL 60625 Retail 9,000 SF 1919 -
4738 N Kedzie Ave, Chicago, IL 60625 Retail 5,102 SF 1925 -
4742 N Kedzie Ave, Chicago, IL 60625 Retail 10,988 SF 1915 -
Show More > < Show Less
  • Listing ID: 32387966

  • Date on Market: 09/07/2024

  • Last Updated:

  • Address: Kedzie Ave Shopping Center, Chicago, IL

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