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1018 W Roscoe Street, Chicago, IL 60657
$1,100,000
1018 W Roscoe Street, Chicago, IL 60657View this property at 1018 W Roscoe Street, Chicago, IL 60657
1018 W Roscoe StreetChicagoIL60657
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Property Description
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!
Full Property Details
Full Property Details for 1018 W Roscoe St
General
- Sold For: $1,100,000
- Taxes: $17,388 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11979194
- Added to Site: 78 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Balcony, Deck
Parking
- Total Spaces: 2
- Parking Features: Off-Alley
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: Sheffield to Roscoe then west to property.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Nettelhorst Elementary School
- Middle School: Nettelhorst Elementary School
- High School: Lake View High School
- Private School: Lake View High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls, Zoned
Utilities
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 1905
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 FT BY 124.5 FT
- Lot Features: Sidewalks, Streetlights
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1905
- Tax Amount: $17,388.62
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14204120290000
Listed by Baird & Warner
Sold by GC Realty and Development, LL
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Schools
Schools serving 1018 W Roscoe St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3252 N Broadway St, Chicago, IL 60657 | PK-8 | 0.5 mi | |
4015 N Ashland Ave, Chicago, IL 60613 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1018 W Roscoe St
Date
Details
Price
Change
Source
3/29/2024
Sold
$1,100,000
-2.22%
MLS
2/12/2024
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1018 W Roscoe Street, Chicago, IL 60657 (MLS# 11979194) is a Multi-Family property that was sold at $1,100,000 on March 29, 2024. Want to learn more about 1018 W Roscoe Street? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.