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$1,200,000 Just Listed
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Property Description
Located directly across from Cinespace Chicago Film Studios in the rapidly developing Douglas Park neighborhood, this legal 7-unit property presents a rare investment opportunity with strong income potential and owner-occupant flexibility. The property consists of a spacious single-family home plus a well-maintained 6-unit apartment building, blending classic Chicago character with modern updates throughout. The single-family residence features 4 bedrooms and 2 full bathrooms, hardwood flooring throughout, a combined kitchen and dining area, central HVAC, and basement washer/dryer hookups. A gated rear parking pad provides secure off-street parking and can also function as a private patio space, adding extra value for tenants or an owner-occupant. The neighboring 6-unit building is comprised entirely of updated 2-bedroom, 1-bathroom apartments. Each unit has been renovated within the past few years with newer flooring, updated kitchen cabinetry, appliances, lighting fixtures, and ceiling fans. Additional income is generated through the on-site coin laundry located in the basement. Tenants are responsible for all utilities except water, helping to minimize operating expenses. Ideally situated within walking distance to Mount Sinai Hospital, Douglass Park, public transportation, and the CTA Pink Line station, this property offers convenience, accessibility, and long-term upside in one of Chicago's evolving investment corridors.
Full Property Details
Full Property Details for 1448 S Rockwell Ave
General
- Price: $1,200,000
- HOA FEE: $3,766
- Taxes: $9,074 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12645417
- Updated: 5/15/2026
- Added to Site: 4 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: South Chicago
- Driving Directions: Ogden West to Rockwell South - Corner Lot
Heating & Cooling
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 7,200
- Current Bldg. Use: Multi-Family
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
Lot Features
- Lot Size (Sq. Ft.): 3,693
- Lot Dimensions: 28 x 133
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $3,766
- Insurance Fee: $4,680
- Operating Expenses: $30,522
- Other Fee: $4,500
- Assessment Year: 1930
- Tax Amount: $9,074.3
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 464
Disclosures and Reports
- Property ID: 16242170160000
Listed by Avenue 1 Realty Group
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Schools
Schools serving 1448 S Rockwell Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Finkl Elementary School 2332 South Western Avenue, Chicago, IL 60608 | PK-8 | 0.4 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1448 S Rockwell Ave
Date
Details
Price
Change
Source
5/15/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1448 S Rockwell Ave
1448 S Rockwell Avenue, Chicago, IL 60608 (MLS# 12645417) is a Commercial property. 1448 S Rockwell Avenue is currently listed for $1,200,000 and was received on May 15, 2026. Want to learn more about 1448 S Rockwell Avenue? Do you have questions about finding other Commercial real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

