Chicago, IL 60624 3708 W Roosevelt Road
$300,000



14 more















Presented By: eXp Realty, LLC
Home Details
Prime Two-Story Retail Building with plenty of parking - Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it's more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don't miss your chance to make it yours! Schedule a viewing today!
Presented By: eXp Realty, LLC
General for 3708 W Roosevelt Road
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsRoosevelt Road East or West to 3710
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income48000
Insurance Expense
Lot Size Square Feet5400
MLS AreaCHI - North Lawndale
Number Of Units Total9
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount2540.39
Tax Year2023
Trash Expense0
Water Sewer Expense0
Year Built1903
ZoningCOMMR
Exterior for 3708 W Roosevelt Road
Building Area Total3500
Lot Dimensions25X125
Additional Details
Price History
