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1018 W Roscoe Street

$1,100,000
1018 W Roscoe Street, Chicago, IL 60657
1018 W Roscoe Street

1018 W Roscoe Street

$1,100,000

This 3-unit income producing property sits in an A+ location in the very heart of Lakeview, one of Chicago's most popular neighborhoods. It features a 4BR, 2BTH duplex-up penthouse with large eat-in kitchen that would make a beautiful owner's unit, and two, 2BR/1BTH apartments as well. 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, there are numerous restaurants, shops and entertainment options all right outside the door, including Wrigley Field which is just 2 blocks away. This property has favorable RM-5 zoning and generates rental income approaching $100,000 per year with room for increased rents, especially with further cosmetic improvements. All tenants pay for their own gas, electric, and heating bills so owner costs are low. 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. Additionally, there is 2-car parking in back which the owner is renting out via SpotHero App which generates on average more than $700 per month. This charming and well-maintained apartment building is solid, with solid returns and room to increase income. It also sits in the very popular Nettelhorst School District. There couldn't be a better location for your long-term investment!
Michael Hall
Michael Hall Contact

Features & Amenities

Interior

Total Bedrooms 8
Total Bathrooms 4

Exterior

Water Source Public
ROOF Asphalt
Lot Features Sidewalks, Streetlights
Parking Off Alley
Heat type Natural Gas, Forced Air, Sep Heating Systems - 2, Indv Controls, Zoned
Sewer Public Sewer
Other Exterior Features Balcony, Deck

Area & Lot

Status Sold
MLS® ID 11979194
Type Multi-Family
Year Built 1905
ELEMENTARY SCHOOL Nettelhorst Elementary School
MIDDLE SCHOOL Nettelhorst Elementary School
HIGH SCHOOL Lake View High School
School District 299

Financial

SALES PRICE $1,100,000
REAL ESTATE TAXES $17,389/yr
Zoning MULTI

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