4200 W Roosevelt Rd | Chicago, IL 60624
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4200 W Roosevelt Rd
Chicago, IL 60624
Multifamily Property For Sale
·
31 Units
Investment Highlights
- Each unit is individually furnace-heated, meaning tenants pay for their own heat, lowering operating costs for the owner.
- The property offers a strong opportunity for rent increases, as market rents are higher than current rents by up to 25%.
- Located on an arterial street with growing demand for residential rental properties, the property has significant upside potential
- As a LIHTC property, the investment benefits from federal tax credits, enhancing its financial appeal
- The property has historically experienced low vacancy rates
Property Facts
| No. Units | 31 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 29,895 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | B | ||
| Zoning | B2-3 - Neighborhood commercial district | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 29,895 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | B2-3 - Neighborhood commercial district |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Property Taxes
| Parcel Number | 16-15-426-030-0000 | Improvements Assessment | $94,722 |
| Land Assessment | $21,680 | Total Assessment | $116,402 |
Property Taxes
Parcel Number
16-15-426-030-0000
Land Assessment
$21,680
Improvements Assessment
$94,722
Total Assessment
$116,402
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