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1201 W Roscoe St

5,900 SF 100% Leased Retail Building Chicago, IL 60657 $1,449,000 ($246/SF) 7.59% Cap Rate

Executive Summary

Fully lease 4-unit mixed use building with coffee shop on long term lease in both retail level units and 2 residential units on the 2nd floor with shared outdoor / deck space (One 1 bed/1bath and One 2 bed / 1 bath with laundry). Solid NOI and newly rehabbed retail level. Located in a great high-density neighborhood. Close to strong retail areas and within a few blocks of public transportation.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,900 SF
Building Class
C
Year Built
1891
Price
$1,449,000
Price Per SF
$246
Cap Rate
7.59%
NOI
$110,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.92
Lot Size
0.07 AC
Zoning
B1-2
Frontage
47 FT on N Racine Ave

Amenities

  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Starbucks
Garrett Popcorn Shops
Jewel-Osco
Whole Foods
Fifth Third Bank
StretchLab
BMO
Noodles & Company
SoulCycle

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-20-319-050-0000
  • 14-20-319-037-0000
Land Assessment
$59,111
Improvements Assessment
$87,538
Total Assessment
$146,649
  • Listing ID: 31676112

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: 1201 W Roscoe St, Chicago, IL 60657

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