1116 S Keeler Avenue, Chicago, IL 60624 - Photo 1

1/1

$417,000

Sold
Closed
Commercial
4,542 Sq. Ft.

1/1

Property Description

Rare Find - Investor Opportunity in North Lawndale! This is the one you've been waiting for - perfect opportunity for both the seasoned investors and first-timers looking to build long-term wealth. Situated on an extra-wide 62 ft lot in vibrant North Lawndale (IYKYK), this property offers both stability and strong potential for future appreciation. Currently featuring long-term tenants - some for up to 40 years - all on month-to-month leases, this property provides immediate income with the flexibility to increase rents over time. Add to that five to six exterior parking spaces for an additional revenue stream. With some sweat equity, this diamond in the rough could shine brightly in your portfolio.Don't miss your chance to turn this income-generating asset into a long-term winner. Estate sale - property being sold As-Is.

Full Property Details

Full Property Details for 1116 S Keeler Ave

General

Sold For: $417,000
Taxes: $4,869 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12377894
Added to Site: 232 day(s) ago

Location

Area: CHI - North Lawndale
County: Cook
Driving Directions: Roosevelt to Keeler, go north to property

Heating & Cooling

Cooling Type: None
Heating Type: Gas

Structural Information

Basement Desc.: Unfinished
Stories/Levels: 2
Square Feet: 4,542
Current Bldg. Use: Multi-Family
Year Built: 1976
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 8,266
Lot Dimensions: 67 x 125
Frontage: City Street

Financial Considerations

Operating Expenses: $21,094
Assessment Year: 1976
Tax Amount: $4,869
Tax Year: 2023

Disclosures and Reports

Property ID: 16154220420000

Listed by Baird & Warner
Sold by EHomes Realty, Ltd

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Listing agent

— 1116 S Keeler Ave —

Baird & Warner

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Schools

Schools serving 1116 S Keeler Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Sumner Elementary Math & Sci Community Academy 4320 West 5th Avenue, Chicago, IL 60624	PK-8	0.3 mi
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612	12-11	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1116 S Keeler Ave

Date

Details

Price

Change

Source

8/29/2025

Sold

$417,000

-7.13%

MLS

6/06/2025

Price Reduced

$449,000

-10.02%

MLS

5/28/2025

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1116 S Keeler Avenue, Chicago, IL 60624 (MLS# 12377894) is a Commercial property that was sold at $417,000 on August 29, 2025. Want to learn more about 1116 S Keeler Avenue? Do you have questions about finding other Commercial real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

1116 S Keeler Ave Chicago, IL 60624