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$2,199,995
89 Days Online

1143 N Rockwell Street
Chicago, IL 60622

For Sale|Multi-Family|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC 888-574-9405

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(773) 998-2401
1143 N Rockwell Street1143 N Rockwell Street1143 N Rockwell Street1143 N Rockwell Street
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Investor's Dream Opportunity in West Town Chicago! Welcome to an exceptional investment opportunity in the highly sought-after West Town Chicago neighborhood! This rarely available multi-unit property is the perfect choice for cash buyers seeking a solid investment to park their money and secure reliable returns. Property Highlights: Prime Location: Nestled in the heart of West Town, this all-brick building stands out as a gem in the real estate market. Income Generator: With a total of 9 units, this property is currently 100% leased, providing an immediate and steady stream of income for savvy investors. Zoning Advantage: Enjoy the benefits of C1-2 zoning on an extra-deep lot, allowing for versatile use and potential future development opportunities. Solid Structure: The enduring appeal of an all-brick construction ensures lasting value and low maintenance costs. Modern Upgrades: Benefit from newer windows that enhance energy efficiency and aesthetic appeal. Financial Snapshot: Stable Income: All 9 units are currently leased, ensuring a reliable and consistent rental income. Desirable Zoning: C1-2 zoning opens up various possibilities for maximizing returns, making this property an attractive investment choice. Low Vacancy Risk: The strong demand for rental units in the West Town area minimizes the risk of vacancies, contributing to a robust cash flow. Investment Potential: Strategic Frontage: Boasting approximately 29 ft x 175 ft frontage on Rockwell, the property offers a strategic location for visibility and accessibility. Separate Utilities: Individual meters for utilities provide convenience for both landlord and tenants, enhancing the property's appeal. Investor-Friendly Documentation: An Offering Memorandum is available to provide comprehensive insights into the investment potential and financial details. Why West Town? West Town is renowned for its vibrant community, excellent amenities, and proximity to the city's cultural and business hubs. The neighborhood's ongoing growth and development make it an ideal location for investors looking for long-term appreciation. Opportunity Awaits! Seize this rare opportunity to invest in a prime West Town Chicago multi-unit property. Whether you're a seasoned investor or looking to diversify your portfolio, this offering is sure to meet your criteria for a solid and lucrative investment. Available Offering Memorandum! Don't miss out on this chance to secure your financial future through a wise real estate investment.

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Listing Snapshot
Price 
$2,199,995
Days Online 
89 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1893
MLS® Number 
11968091
Status 
Active
Property Tax 
$15,623
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoPrice changed to $2,199,995
3 days agoPrice changed to $299,995
2 months agoPrice changed to $1,999,995
3 months agoListing first seen online
General Features
Number of Stories 
3
Zoning 
COMMR
Number Of Stories 
3
Interior Features
Cooling 
None
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Community Features
MLS Area 
CHI - West Town
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty, LLC 888-574-9405



Based on information submitted to the MLS GRID as of 2024-05-16 09:35 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-05-16 09:35 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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