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$1,200,000

  • For Sale
  • Active
  • Commercial
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BELMONT CRAGIN VALUE ADD OPPORTUNITY! Solid yellow brick 6 unit building situated on a quiet residential block at 2946 N Keating. This high yield investment features a versatile unit mix: (4) Massive 2BR/1BA units boasting formal dining rooms, spacious kitchens, living rooms, private porches, and bright sunrooms (perfect for home offices); plus (2) efficient 1BR/1BA units. INVESTOR ADVANTAGES: Tenants pay their own electricity and cooking gas. Massive parking capacity with a 2 car garage plus tandem exterior space for up to 6 additional vehicles rare for the area and a huge potential revenue stream. Located in a high demand rental pocket with strong median rents. Building is sold As-Is/Where-Is with no seller representations. Bring your contractor and unlock the significant equity potential in this classic Chicago gem! Prime location near transit, shopping, and parks. Don't miss out!

Full Property Details for 2946 N Keating Ave

General

  • Price: $1,200,000
  • Taxes: $17,888 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12620688

Interior

  • Basement: Storage Sp
  • Interior Features: Inside Corridor(s), Skylight(s), Laundry Room

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Driving Directions: North on Kilpatrick Ave., West on Wellington Ave., South on Keating to property

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Radiators

Utilities

  • Trash: 2640

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Storage Space
  • Foundation: Concrete Perimeter
  • Stories/Levels: 2
  • Year Built: 1923
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 7440
  • Zoning: MULTI

Financial Considerations

  • Operating Expenses: $20,904
  • Assessment Year: 1923
  • Tax Amount: $17,888
  • Tax Year: 2024
  • Tenant Pays: Electricity, Other
  • Pays Electric: 4800
  • Pays Trash: 2640

Disclosures and Reports

  • Property ID: 13271150230000

Listed by Realty of America, LLC

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— 2946 N Keating Ave —

  • Realty of America, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2946 N Keating Ave

School District:Chicago Public School District 299
NameGradesDistance
Falconer Elementary School
3020 North Lamon Avenue, Chicago, IL 60641
PK-60.2 mi
Kelvyn Park High School
4343 West Wrightwood Avenue, Chicago, IL 60639
7-80.7 mi
Foreman High School
3235 North Leclaire Avenue, Chicago, IL 60641
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 2946 N Keating Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,978
3%
$52,000
—
2022
$10,702
2%
$52,000
—
2021
$10,463
-10%
$52,000
—
2020
$11,611
31%
$52,089
-14%
2019
$8,843
2%
$60,569
—
2018
$8,709
-7%
$60,569
-12%
2017
$9,325
-3%
$69,088
—
2016
$9,599
4%
$69,088
—
2015
$9,225
1%
$69,088
26%
2014
$9,147
—
$54,943
—
2013
$9,180
1%
$54,943
—
2012
$9,099
—
$54,943
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2946 N Keating Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty of America, LLC

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2946 N Keating Avenue, Chicago, IL 60641 (MLS# 12620688) is a Commercial property. 2946 N Keating Avenue is currently listed for $1,200,000 and was received on April 21, 2026. Want to learn more about 2946 N Keating Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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