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$299,900

  • For Sale
  • Active
  • Office
  • 3,600 Sq. Ft.
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A cash machine! 3 Commercial storefronts zoned B-2 ideal for retail or office. Busy Kedzie avenue gets you major traffic. Each storefront is 1,100 sq/ft or 3,300 sq/ft total. Fully occupied as owner occupies 1 of the 3 units and is looking to lease back. Owner can vacate for a rental, one unit active for rent right now. Other 2 units have long term good paying tenant. 14% cap rate. Sitting on 2 city lots (2 pins) this property has 50' of Kedzie frontage with plenty of parking in back. Flat newer roof single story bldg very low maintenance. Property owned free and clear so seller financing is available!

Full Property Details for 8318 S Kedzie Ave

General

  • Price: $299,900
  • Taxes: $16,086 (2022)
  • Status: Active
  • Type: Office
  • Source: MRED
  • MLS ID: 12151891
  • Updated: 1/20/2026
  • Added to Site: 582 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s)

Location

  • Area: CHI - Ashburn
  • County: Cook
  • Township: Lake
  • Driving Directions: KEDZIE AND 83RD ST. S TO PROP
  • Location Details: Chicago South

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual
  • Heating Type: Ceiling Units

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 1
  • Square Feet: 3,600
  • Year Built: 1950
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Size (Sq. Ft.): 6,250
  • Lot Dimensions: 50 x 125
  • Zoning: OFFIC

Financial Considerations

  • Lease Price: $16
  • For Sale/Rent/Lease: For Sale or Rent
  • Operating Expenses: $17,532
  • Security Deposit: Alarm Monitored, Fire Extinguisher/s
  • Assessment Year: 1950
  • Tax Amount: $16,086
  • Tax Year: 2022
  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Scavenger

Disclosures and Reports

  • Property ID: 16000439329110

Listed by Fathom Realty IL LLC

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— 8318 S Kedzie Ave —

  • Fathom Realty IL LLC

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 8318 S Kedzie Ave

School District:Chicago Public School District 299
NameGradesDistance
Carroll Elementary School
2929 West 83rd Street, Chicago, IL 60652
PK-80.3 mi
Bogan High School
3939 West 79th Street, Chicago, IL 60652
9-121.1 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 8318 S Kedzie Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$299,900
-14.07%
MLS
8/30/2024
Listed
$349,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8318 S Kedzie Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,256
3%
$39,129
—
2022
$8,048
2%
$39,129
—
2021
$7,869
14%
$39,129
26%
2020
$6,906
-11%
$31,000
-20%
2019
$7,780
2%
$38,722
—
2018
$7,649
10%
$38,722
20%
2017
$6,947
7%
$32,269
—
2016
$6,463
9%
$32,269
—
2015
$5,913
—
$32,269
1%
2014
$5,905
2%
$31,828
—
2013
$5,789
1%
$31,828
—
2012
$5,711
—
$31,828
—
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.

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Listed by Fathom Realty IL LLC

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8318 S Kedzie Avenue, Chicago, IL 60652 (MLS# 12151891) is a Office property. 8318 S Kedzie Avenue is currently listed for $299,900 and was received on August 30, 2024. Want to learn more about 8318 S Kedzie Avenue? Do you have questions about finding other Office real estate for sale in Ashburn? You can browse all Ashburn real estate or contact a Coldwell Banker agent to request more information.

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