1018 W. Roscoe Street, Chicago, Cook County, IL, 60657 Chicago IL US

For Sale : USD 1175000

MLS #: 11763118

Details

Bed Rooms
8
Bath Rooms
4
Neighborhood
Lakeview
Property Type
MultiFamily

Description

Wonderful opportunity to acquire a 3-unit income producing property located in the heart of Lakeview. This property has RM-5 zoning and is situated in close proximity to public transportation, including the Belmont "L" station which is just 2.5 blocks away with access to the Red, Brown and Purple lines. Numerous restaurants, shops, and entertainment options, all just outside the door, including Wrigley Field which is just 2 blocks away. This apartment building currently generates rental income of approximately $7,600 per month, with all tenants paying for their own gas, electric, and heating bills. The rents are low, and could be considerably higher, especially with minor cosmetic improvements. Each unit in the building has its own unique layout and features, such as hardwood floors, in-unit laundry, dishwashers, private decks and spacious living and dining areas. This building includes a top-floor, 4BR, 2BTH duplex penthouse with large eat-in kitchen that would make a beautiful owner's unit. Additionally, there is 2-car parking in back which the owner is renting out via SpotHero which generates on average $500 or more per month. 1018 W. Roscoe is a charming and well-maintained apartment building located in highly sought-after Lakeview, one of Chicago's most popular neighborhoods. The building is solid, with solid returns and room to increase income. It also sits in the popular Nettelhorst School District. There couldn't be a better location for your long-term investment. Find out more about this property. Request details here

Location

Address
1018 W Roscoe St, Chicago, Illinois 60657, United States
City
Chicago

Map

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