For Sale
$439,900

2815 Kimball Ave Chicago, IL 60618

Prime Logan Square location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This two-story, 4,000 square foot mixed-use building in Chicago's desirable Logan Square neighborhood (2815 N Kimball Ave, 60618) presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2022, the property boasts two units currently operating at 80% occupancy. The building features a versatile layout, ideal for a variety of uses, including executive, medical, or traditional office spaces, thanks to its RT-4 zoning. Recent improvements include tuck-pointing, roof repairs, and interior upgrades. Amenities include separate entrances, individual bathrooms, and waiting rooms on each floor. The property includes a video surveillance system and entry buzzer for enhanced security. Situated on a lot ranging from 3,000 to 3,125 square feet, this building offers significant redevelopment potential. Its convenient location near the Blue Line, major highways, and local businesses adds to its appeal. The asking price is $439,900, translating to $109.98 per square foot. The property is being sold "AS IS". This is a turn-key opportunity for an investor seeking a high-return property in a thriving Chicago neighborhood.

Highlights

  • Excellent redevelopment opportunity with RT-4 zoning.
  • High-traffic location with strong visibility.
  • Significant upside potential for value-add investors.
  • Prime location in a rapidly growing market.
  • Flexible floor plan adaptable to various uses.

Property Details for 2815 Kimball Ave

Property type
Retail properties, Office properties
Square Feet
4,000 SF
Year Built/Renovated
1970/2022
Buildings
1
Stories
2
Units
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.932590321968
Longitude
-87.712333975595
2815 Kimball Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Prime Logan Square location, high potential.
Where is the retail property located?
The property is located at 2815 Kimball Ave Chicago, IL.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Excellent redevelopment opportunity with RT-4 zoning.; High-traffic location with strong visibility.; Significant upside potential for value-add investors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2815 Kimball Ave
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