3935 S Kedzie Avenue — Chicago, IL 60632
Active
Chicago, IL 60632

3935 S Kedzie Avenue

$230,000
0 beds · 0 baths
Listed at $230,000 7 days on market $6,831/yr taxes
01About this home

**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.

02Inside the home
03By the numbers
$230,000
List price
Square feet
Bedrooms
Bathrooms
1916
Year built
Lot size
Garage spaces
$6,831
Annual taxes
Mixed Use
Style
7
Days on market
04Features
Cooling
Central Air
Construction
Brick
05Neighborhood
  • Taqueria La Iguanita 0.2 mi
  • D'Nuez 0.4 mi
  • Popeyes 0.6 mi
  • Mario & Sandra’s 0.6 mi
  • Subway 0.7 mi
  • Michael’s Sport Lounge 0.7 mi
  • Clark's Pump-N-Shop 200 ft
  • La Gloria Supermarket 0.2 mi
  • La Bodeguita Beto’s Produce 0.4 mi
  • Citgo 0.4 mi
  • Supermercado El Guero 0.5 mi
  • BP Shop 0.7 mi
  • Edward Kelly Park 0.6 mi
  • Brighton Park 0.6 mi
  • Job Corps Riverbank 0.7 mi
  • McDonald's PlayPlace 0.8 mi
  • McDonald's PlayPlace 1.0 mi
  • Irma C. Ruiz Park 1.0 mi
  • Dunkin' 0.7 mi
  • Dunkin' 0.7 mi
  • Dunkin' 0.9 mi
  • Starbucks 1.0 mi
  • Dunkin' 1.0 mi
  • Cafe Consume 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 29, 2026
Listed for saleThis listing
Keller Williams ONEChicago
$230,000
Aug 24, 2007
Sold
@properties · 88 days on market
$400,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Keller Williams ONEChicago · Laquan Henley
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12660583
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