1953 W Roscoe Street Chicago, IL $ 1,849,000
1953 W Roscoe Street
$ 1,849,000
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1953 W Roscoe Street

Chicago, IL, 60657
$ 1,849,000
Bedrooms-- Baths-- Sq 6,336

Monthly Estimate*

$ 11,385

1953 W Roscoe Street, Chicago, IL 60657 - Image 1
1953 W Roscoe Street, Chicago, IL 60657 - Image 2
1953 W Roscoe Street, Chicago, IL 60657 - Image 3
1953 W Roscoe Street, Chicago, IL 60657 - Image 4
1953 W Roscoe Street, Chicago, IL 60657 - Image 5
1953 W Roscoe Street, Chicago, IL 60657 - Image 6
1953 W Roscoe Street, Chicago, IL 60657 - Image 7
1953 W Roscoe Street, Chicago, IL 60657 - Image 8

Commercial Property for sale in Chicago, IL

for $1,849,000. This 6,336 square foot building was built in 1893 on a lot size of 0.107599.

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. (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 SIGNAGE. ...AND 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! COIN LAUNDRY IN BASEMENT ADDS ADDITIONAL INCOME. (GRM) IS EST. PROFORMA AT FULL MARKET RENTS DUE TO LONG TERM TENANTS & FAMILY.

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Commercial Active

Price

$ 1,849,000

Property Type

Commercial

Taxes

$ 25,686

Style

Commercial

Lot Size

0.107599

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12522923

Features
General
Cooling Window Unit(s)
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1893
Electric Separate Meters Service - 101 to 200 Amps
Stories Count 3
Township Lake View
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 165000
County Cook
Net Operating Income 120000
Operating Expense 45000
Insurance Expense 12000
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Re-activated
Directions West of Ravenswood Ave. East of Western Ave. North of Belmont Ave. South of Addison Street.
City Chicago
Number Of Units Total 6
MLS Area CHI - North Center
Lot Size Square Feet 4687
Tax Annual Amount 25686
Electric Expense 600
Fuel Expense 600
Trash Expense 1500
Water Sewer Expense 2400
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 2000
Cap Rate 7
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Interior
Flooring Concrete Tile Wood
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Exterior
Foundation Details Brick/Mortar Stone
Building Area Total 6336
Lot Dimensions 37.5 X 125
Frontage Type City Street
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* Excluded Features
List By
Connect Realty.Com Inc.

Broker

henrymjung@connectrealty.com;HENRY@ILLINOISAPPRAISAL.COM

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Affordability Calculator

$13,525
Per Month
84%
16%
0%
Monthly Principal & Interest
$11,385
Monthly Property Taxes
$2,141
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$1,799,000 Listed Price

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1953 W Roscoe Street, Chicago, IL, 60657 is a Commercial Property for sale at $1,849,000 with 6,336 sqft and a lot size of 0.107599. 1953 W Roscoe Street was built in 1893. The property's zip code is 60657 which is in Chicago, IL