Listing provided courtesy of Keller Williams Preferred RealtyMREDas Distributed by MLSGrid- MLS# 12590363MLS Provider

1-15 N Keeler AvenueChicago, IL 60624

Commercial
$1,800,000 Active

1-15 N Keeler Avenue Overview

Time on Site:
102 days
Visits:
0

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.

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1-15 N Keeler Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 44802
  • Electric Expense: 3744
  • Existing Lease Type: N/A
  • Fuel Expense: 11674
  • Gross Income: 360588
  • Gross Scheduled Income: 362369
  • Insurance Expense: 16855
  • Net Operating Income: 240447
  • Operating Expense: 121922
  • Trash Expense: 4040
  • Water Sewer Expense: 7633

Building Information

  • Year Built: 1901

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Garfield Park
  • Township: West Chicago

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $32,973.00
  • Tax Year: 2024

General Information

  • Parcel Number: 16104240170000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Other SqFt.: 11172
  • Retail SqFt.: 5586

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Over 600 Amps
  • Fireplaces Total: 0
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 50 X 175
  • Lot Size Square Feet: 8750
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 24
  • Sewer: Storm Sewer
  • Utilities: Electric to Site,Natural Gas Available,Water Available

1-15 N Keeler Avenue Neighborhood

Community

60624 (Chicago) Demographics

34
Median Age
9,901
Population Density (per sq. mile)
17%
College Educated
$25,648
Estimated Median Income
3,326
Estimated Total Home Owners
9,168
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1-15 N Keeler Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1-15 N Keeler Avenue Market Data

Based on the last 30 days in this zip code

$239,338
Average List Price
$187
Average Price per Square Foot
2
Properties Sold
70
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

1-15 N Keeler Avenue History

Date Event Value Agent
5/26/2026Source: MRED Status Change
Active
5/21/2026Source: MRED Price Reduction
$1,800,000 -2.7%
5/21/2026Source: MRED Status Change
Price Change
5/5/2026Source: MRED Status Change
Active
4/30/2026Source: MRED Price Reduction
$1,850,000 -2.6%
4/30/2026Source: MRED Status Change
Price Change
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Price Reduction
$1,900,000 -2.6%
4/9/2026Source: MRED Status Change
Price Change
3/24/2026Source: MRED Status Change
Active
3/19/2026Source: MRED Added to Database
March 19, 2026