Chicago, IL 60657 1953 W Roscoe Street
$1,799,000



3 more



Presented By: Connect Realty.com Inc.
Home Details
WOW!....ROSCOE VILLAGE (4) STAR LOCATION ON THE ROSCOE STREET STRIP! A RENOVATED (6) UNIT VINTAGE BRICK CONSTRUCTED (3) STORY MIXED-USE BUILDING WITH (1) COMMERCIAL RETAIL STOREFRONT WITH (5) RESIDENTIAL RENTAL UNITS. (6) PARKING SPACES & A SIDE YARD! ALL RENTALS ARE (2BR-1BATH) UNITS WITH SEPARATE HEAT & HOT/W TANKS. IN ADDITION TO A FULLY OCCUPIED BLDG. THERE IS ADDITIONAL INCOME FROM THE WEST EXPOSURE SIGNAGE. ...AND SOON A PROPOSED & PENDING CELL TOWER LEASE ADDING $2,000 PER MONTH! A FULL UNFINISHED BASEMENT HAS POTENTIAL FOR OTHER USES. ALL THIS ON A SITE OF (37.5) FOOT WIDE LOT! COIN LAUNDRY IN BASEMENT ADDS ADDITIONAL INCOME. (GRM) IS EST. PROFORMA AT FULL MARKET RENTS DUE TO LONG TERM TENANTS & FAMILY.
Presented By: Connect Realty.com Inc.
Interior Features for 1953 W Roscoe Street
Other Interior Features
FlooringConcrete, Tile, Wood
General for 1953 W Roscoe Street
Additional Parcels Y/NNo
Cap Rate7
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Current UseCommercial
DirectionsWest of Ravenswood Ave. East of Western Ave. North of Belmont Ave. South of Addison Street.
ElectricSeparate Meters, Service - 101 to 200 Amps
Electric Expense600
Fuel Expense600
Gross Income165000
Insurance Expense12000
Lot Size Square Feet4687
MLS AreaCHI - North Center
Net Operating Income120000
Number Of Units Total6
Operating Expense45000
Possible UseCommercial
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount25686
Tax Year2024
Total Actual Rent2000
TownshipLake View
Trash Expense1500
Water Sewer Expense2400
Year Built1893
ZoningCOMMR
Exterior for 1953 W Roscoe Street
Building Area Total6336
Foundation DetailsBrick/Mortar, Stone
Frontage TypeCity Street
Lot Dimensions37.5 X 125
Additional Details
Price History

SQFT • 6,336