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$1,950,000
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Property Description
Outstanding, turnkey, previously fully rehabbed, Garfield Park 24-unit mixed use building in prime location with 12.3% 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.
Full Property Details
Full Property Details for 115 N Keeler Ave
General
- Price: $1,950,000
- HOA FEE: $18,082
- Taxes: $32,973 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12590364
- Updated: 3/25/2026
- Added to Site: 16 day(s) ago
Interior
- Basement: Unfinished
- Interior Features: Laundry Room
Additional Information
- Security/Safety: Other
Location
- Area: CHI - West Garfield Park
- County: Cook
- Township: West Chicago
- Driving Directions: Madison west of Pulaski. Northeast corner of Madison and Keeler.
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Hot Water
Utilities
- Sewer: Storm Sewer
- Water: Municipal Water
- Trash: 4040
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Year Built: 1901
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 18
- Units w/Range/Oven: 18
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 8,750
- Lot Dimensions: 50 x 175
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Maint. Fee: $18,082
- Insurance Fee: $16,855
- Operating Expenses: $121,922
- Other Fee: $11,520
- Security Deposit: Other
- Assessment Year: 1901
- Tax Amount: $32,973
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 3744
- Pays Trash: 4040
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Documents Avail.: Rent Roll, Existing Survey, Operating Statement
- Property ID: 16104240170000
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Schools
Schools serving 115 N Keeler Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Tilton Elementary School, Chicago, IL 223 North Keeler Avenue, Chicago, IL 60624 | PK-8 | 0.1 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 N Keeler Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 N Keeler Ave
1-15 N Keeler Avenue, Chicago, IL 60624 (MLS# 12590364) is a Commercial property. 1-15 N Keeler Avenue is currently listed for $1,950,000 and was received on March 19, 2026. Want to learn more about 1-15 N Keeler Avenue? Do you have questions about finding other Commercial real estate for sale in West Garfield Park? You can browse all West Garfield Park real estate or contact a Coldwell Banker agent to request more information.

