1956 W Fletcher St 7 Unit Apartment Building Offered at $1,800,000 at a 4.84% Cap Rate Chicago, IL 60657

Kiser Group has been exclusively engaged to market for sale 3137 N. Damen / 1956 W. Fletcher, a seven-unit corner walk-up building located in Chicago’s Roscoe Village neighborhood. Ideally situated on a picturesque tree-lined residential street, the property is just steps from Hamlin Park, approximately 0.7 miles from the Paulina CTA Brown/Purple Line station, and 0.5 miles from the bustling Lincoln Ave retail corridor.
3137 N. Damen offers an appealing unit mix of five (5) 2 bed / 1 bath apartments, one (1) 1 bed / 1 bath, and one (1) studio apartment. Each features in-unit furnaces, generous layouts, varying finish levels, and desirable vintage charm. Additional property amenities include two on-site garage parking spaces and shared laundry facilities. New ownership can add value by completing additional cosmetic upgrades, adding laundry, and moving rents to market.

Located in Roscoe Village, one of Chicago’s most desirable and supply-constrained rental submarkets, the property benefits from exceptional neighborhood amenities, strong walkability, and consistent tenant demand. Its proximity to transit, retail, and entertainment positions 3137 N. Damen as a rare opportunity to acquire a well-located, multifamily asset with long-term upside in a high-barrier-to-entry market.