256 N Keeler Avenue, Chicago, IL 60624
Description
Outstanding investment opportunity! This 6-unit apartment building features 2 three-bedroom/1 bath units and 4 two-bedroom/1 bath units, all well-maintained and fully leased. Each apartment is equipped with its own furnace, central (rooftop) A/C, and hot water tank – tenants are responsible for their own utility costs – making this a low-expense, high-yield property. Tenants pay for their own internet and cable. Highlights: Consistent occupancy: Several tenants in place 5+ years, with only one turnover in the past year. All units include carpeted bedrooms and owner-supplied stoves and refrigerators. Roof: Modified bitumen (torch-down) roof, 4 years old, under warranty. Exterior: One porch replaced 3 years ago. Lower level: Flexible common area with shower and fireplace, perfect for a lounge, gym, or additional tenant amenity. Located: Across from Tilton Grade School and only 1.5 blocks from the Pulaski Green Line EL stop, offering easy commuter access and family-friendly surroundings. Investment Advantages: The property lies within both an Illinois Empowerment Zone and a Federal Enterprise Zone, providing potential tax exemptions on building materials and equipment, utility cost exemptions, and investment tax credits – all enhancing your return on investment. All together this is a stable, income-generating property in a desirable, transit-accessible location – easy to manage and ready to perform from day one! The sale will be “AS IS”
- Listing Courtesy of: Coldwell Banker Realty
Details
Updated on June 16, 2026 at 10:15 am-
Property ID MRD12512155
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Price $595,000
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Year Built 1915
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Property Type Multi Family
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Property Status Hold
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Parcel Number 16104090330000
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MLS Status Temporarily No Showings
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Days On Market 30
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Fire Places Total 1
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Cumulative Days On Market 169
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Tax Annual Amount 6045.14
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Cooling Central Individual
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Directions Lake Street to Keeler. Turn south 1/4 block.
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BuildingAreaTotal 4200
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LotSizeSquareFeet 4400
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StoriesTotal 2
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Zoning MULTI
Address
Open on Google Maps- Address 256 N Keeler Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60624
- Country United States
Overview
- Multi Family
- 1915
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