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  • Price$1,999,995
  • Built1893

1143 North Rockwell Street, Chicago

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.

Essential Information

  • MLS® #11968091
  • Price$1,999,995
  • Bathrooms0.00
  • Acres0.00
  • Year Built1893
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusActive
  • Taxes$15,623

Interior

  • CoolingNone

Additional Information

  • Days on Market76
  • ZoningCOMMR

Community Information

  • Address1143 North Rockwell Street
  • AreaCHI - West Town
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60622

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeExp Realty, Llc

Price Change History for 1143 North Rockwell Street, Chicago, IL (MLS® #11968091)

Date Details Price Change
Active
Price Change
Price Reduced (from $2,200,000) $1,999,995 $200,005 ( 9.09% )
Active (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 6th, 2024 at 10:23am CDT.