Kedvale
$450,000
3003 South Kedvale Avenue, Chicago, IL 60623
4,100 sqft
Building Size
1
Units
Details:
Description:
- 4,017 SF brick building with four spacious units, including three 3-bedroom units and one 2-bedroom unit, ensuring strong tenant demand and rental revenue. - Fully stabilized with one unit near market rent, offering potential for increased income through strategic rent adjustments. - Tenant-Paid Utilities & Low Expenses - Capital Improvements: Electrical updates, tuckpointing (2015), roof (10 yrs old), heaters (2022), boilers (2018-2023), and new windows for the 4th unit (2024) enhance property longevity and value.
KW Commercial is plleased to present a high-income-producing 4,017 SF brick multifamily building at 3003 S Kedvale Ave, Chicago, IL 60623, featuring four spacious units with strong tenant demand. Three units offer three bedrooms, separate dining and living areas, and private porch storage, while the fourth unit has a two-bedroom layout, maximizing rental potential. The property is fully stabilized with immediate cash flow, and rental upside opportunities exist with strategic adjustments to below-market rents. Key upgrades include recent electrical updates, tuckpointing, newer heating systems, and 2024 window replacements, ensuring long-term durability and reduced maintenance costs. Located in the thriving Little Village rental market, with easy access to transit, highways, parks, and anchor businesses, this turnkey investment offers strong returns for cash flow-focused buyers.
Location
Gallery