11045 South Kedzie AvenueChicago, IL 60655Price: $187,500

  • Price: $187,500
  • 87 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1,250Square Feet
  • 1963Year Built

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An investor's dream! Investment sale of a 1250 SF free-standing retail property with outdoor rear patio. Currently under lease to a local organization with 2+ years remaining on lease term. Tenant would like to stay as a long term tenant presenting a unique opportunity for savvy investors at a low price point. Tenant has been organized for over 30 years. Tenant liable for all utilities and common maintenance. Great interior build-out. Easy investment for landlord. New roof in 2019 and new HVAC 2020. Prime location in Mount Greenwood's retail corridor with many local national retailers neighboring the investment. Just north of busy retail dominant corner of 111th and Kedzie. Pro-Forma CAP Rate over 10%. Do not miss out on this opportunity! PLEASE DO NOT DISTURB TENANT.

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Listed by Mark Mielnicki and Sarah Malburg of First In Realty Executives Inc

Based on information submitted to MRED  as of May 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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