3708 W Roosevelt Road,Chicago, IL 60624
Chicago, IL 60624
Description
Prime Two-Story Retail Building with plenty of parking - Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it's more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don't miss your chance to make it yours! Schedule a viewing today!
Details
| MLS# | 12281019 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1903 |
| Days On Site | 78 |
| Listing Provided By | eXp Realty, LLC | Oscar Estrada |
Features
| SQ Feet | 3,500 |
|---|---|
| Story(s) | 2 |
| Units | 9 |
| Zoning | COMMR |
Market Activity 60624
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60624 |
| Area | CHI North Lawndale |
| Listing VS Median (in 60624) | |
Price: $300,000 low | high Med: $175,000 SqFt: 3,500 low | high Med: 7,500 $ / SqFt: $86 low | high Med: $23 On site: 78 low | high Med: 31.000000 | |