Forest Park, IL 60130 7242 Roosevelt Road

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Presented By: CPG Management
  • MLS# 12275456
  • 02/05/2025
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Home Details

Looking for Passive Cash Flow? Renovated mixed use investment property featuring three, 1BR/1BA spacious apartments with great size rooms on the 2nd Floor. The first floor retail space is a laundromat (with an office space in the rear) in its 3rd year of a 5yr lease. Tenants easily can walk to Jewel, Walmart, and Forest Park Shopping plaza for supplies and decor. Enjoy a bike ride or exercise at the lovely Maple Park only a few blocks away. Located near Forest Park Blue Line, I-290, and several Bus Routes. Emergency Lighting and Exit Signs in Laundromat. Electric Power at 400 amps along with Plumbing upgrades! Fully Occupied and Well Kept Building! Great Investment opportunity! Schedule a showing and see for yourself!
Presented By: CPG Management

General for 7242 Roosevelt Road

Additional Parcels Y/NNo
CityForest Park
CoolingNone
CountyCook
DirectionsWest of Harlem on Roosevelt Rd.
ElectricService - 201 to 600 Amps
Electric Expense1565
Fuel Expense825
Gross Income47556
Insurance Expense3000
Lot Size Square Feet2592
MLS AreaForest Park
Number Of Units Total3
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount10212.3
Tax Year2023
Tenant PaysElectricity
Trash Expense1670
Water Sewer Expense2400
Year Built1959
ZoningCOMMR

Exterior for 7242 Roosevelt Road

Lot Dimensions25 X 125

Additional Details

Price History

Client Care

Price $399,900
MLS#12275456
List Date 02/05/2025
Property Type Commercial
Phone 847.485.2500
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