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About This Home

This 0-bedroom, 0-bathroom commercial at 3935 S Kedzie Avenue in Chicago, IL is listed for $230,000. Built in 1916, on a 0.13 acres lot.

Agent Description

**PRE-FORECLOSURE OPPORTUNITY - RECEIVER APPOINTED - CASH OFFERS PREFERRED** Mixed-use investment opportunity located at 3935 S. Kedzie Ave., Chicago, IL. This property is currently in pre-foreclosure, with a court-appointed receiver managing the asset, and ownership is seeking a prompt sale.

The building features a spacious banquet hall/event venue on the main level, offering significant potential for event operations, community gatherings, entertainment uses, or redevelopment opportunities. The first floor includes a kitchen area and two bathrooms to accommodate guests and event attendees.

The second level consists of seven fully occupied SRO (Single Room Occupancy) units, along with a shared kitchen and two additional bathrooms and the tenants will be moving before the sale. The basement offers substantial storage space and utility areas, while the rear of the property includes a garage and additional parking spaces.

The property is being sold as-is and currently has municipal/building violations that will be the responsibility of the buyer to investigate and address after closing. Buyers are encouraged to perform their own due diligence regarding the property's condition, zoning, code compliance, and any outstanding requirements.

Located on a prominent corner lot in Chicago's Brighton Park area, this property presents numerous possibilities for investors, owner-operators, and developers seeking a value-add asset with income-producing components. Receiver-appointed sale. Cash offers strongly preferred.

Property is being marketed for a quick sale and is best suited for investors, developers, or experienced operators seeking a redevelopment or repositioning opportunity. Don't miss this opportunity to acquire a unique mixed-use property with existing residential income, event space potential, and strong upside in a desirable Chicago location.

Key Features

  • Built in 1916
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1916

Amenities

A/C

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$997
Insurance$67

Estimates only. Actual payments may vary.

Location

3935 S Kedzie Avenue

Chicago, IL 60632

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3935 S Kedzie Avenue is listed at $230,000. The estimated monthly payment is $997 based on 20% down at 6.5% interest.

Key features include: Built in 1916, 0.13 acre lot, 2 stories.

This property is listed by Laquan Henley and can be reached at (312) 216-2422 or laquan@4closurestopper.com.

LH

Laquan Henley

Agent at Keller Williams ONEChicago

(312) 216-2422

Listed by Keller Williams ONEChicago

MLS# 12660583· Source: listhub· Updated 4 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3935 S Kedzie Avenue, Chicago, IL 60632

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