Listing Courtesy of Keller Williams ONEChicago, Henley Laquan , laquan@4closurestopper.com

3935 S Kedzie, Chicago, Illinois, 60632

**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.

Active

$230,000

Commercial

MLS

12660583

Built in 1916

6830.84 (2024)

Disclaimer: The information contained in this listing has not been verified by Keller Williams ONEChicago and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 3935 S Kedzie
  • City: Chicago
  • State: Illinois
  • County: Cook
  • Directions:
    Archer Avenue then turn North on Kedzie Ave. property is on the corner of 39th Place and Kedzie Ave.

PROPERTY FEATURES

Heating /Cooling Features

  • Cooling: Central Air

Construction Features

  • Construction Materials: Brick

Utility Information

  • Electric : Circuit Breakers

SCHOOLS NEAR 3935 S Kedzie

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of Keller Williams ONEChicago, Henley Laquan
  • Property last updated on MRED : 5/29/2026 9:35:35 AM