Chicago, IL 60622 1253 N Rockwell Street

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Presented By: Jameson Sotheby's Intl Realty
  • MLS# 12300990
  • 03/10/2025
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  • Beds • 3

Home Details

Introducing 1253 N. Rockwell, a high-potential multifamily investment property in Chicago's East Humboldt/Wicker Park neighborhood. This 7-unit vintage building presents a rare opportunity for real estate investors seeking strong cash flow and long-term appreciation in one of the city's most dynamic rental markets. The property consists of five spacious 2 bed/2 bath units and two 1 bed/1 bath units, all featuring modern updates, in-unit laundry, hardwood floors, and large windows-highly desirable amenities for today's renters. With current rents significantly below market value, there is substantial potential to increase rental income through strategic rent adjustments and property enhancements. Situated just steps from trendy restaurants, grocery stores, nightlife, and public transportation, including the #70 Division bus at Rockwell, this location ensures strong tenant demand. Additionally, its proximity to Humboldt Park offers an added lifestyle perk, attracting renters who value access to green space. This turnkey investment combines immediate value-add potential with a desirable unit mix, a prime Chicago location, and steady rental income, making it a smart choice for investors looking to capitalize on the booming multifamily market.
Presented By: Jameson Sotheby's Intl Realty

Interior Features for 1253 N Rockwell Street

Other Interior Features

Total Fireplaces

General for 1253 N Rockwell Street

Additional Parcels Y/NNo
Association Fee IncludesNone
CityChicago
Construction MaterialsBrick, Concrete, Stone, Limestone
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsDIVISION TO ROCKWELL - NORTH TO PROPERTY - EAST SIDE OF STREET
Electric Expense1500
Fuel Expense
Gross Income142500
Insurance Expense5606
MLS AreaCHI - West Town
MaintenanceExpense
Net Operating Income83717
Number Of Units Total7
Operating Expense20606
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount13315
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipNorth Chicago
Trash Expense0
Water Sewer Expense2800
Year Built1896
ZoningMULTI

Exterior for 1253 N Rockwell Street

Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions30X126
Lot Size Acres0

Additional Details

Price History

Client Care

Price $1,950,000
MLS#12300990
List Date 03/10/2025
Property Type Multi-Family
Phone 847.485.2500
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