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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 1,749,000

Est. payment -/mo

Save

Price Dropped by $50K

1953 W Roscoe ST Chicago, IL 60657

6,336 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,336 sqft

Price per Sqft $276

MLS Listing ID 12522923

Year Built 1893

Annual Tax Amount $25,686

Tax Year 2024

Lot Dimensions 37.5 X 125

Property Sub-Type Mixed Use

Property Description

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. (5-6) 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 BILLBOARD/SIGNAGE. 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 THAT COULD BE USED FOR ADDITIONAL PARKING AND/OR A SIDE YARD WITH COMMERCIAL POTENTIAL CAFE/DINING! COIN LAUNDRY IN BASEMENT ADDS ADDITIONAL INCOME. (GRM) IS EST. PROFORMA AT FULL MARKET RENTS DUE TO LONG TERM TENANTS & FAMILY.

Location

State IL

County Cook

Area Chi - North Center

Zoning COMMR

Interior

Cooling Window Unit(s)

Flooring Concrete, Tile, Wood

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Structure Type Brick

Listed by Henry Jung of Connect Realty.com Inc.

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA