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The Roosevelt 30 E Roosevelt Rd

44 Unit Apartment Building For Sale Chicago, IL 60605

Investment Highlights

  • 42 Updated Apartments Including Stainless Steel Appliances, Quartz Counters & Individual HVAC
  • Two Successful Ground Level Retail Spaces Currently Leased To 2026 & 2030
  • Ideal South Loop Location Blocks to Chicago's Museum Campus Including the Field Museum, Shedd Aquarium, Adler Planetarium & More
  • Less Than a Mile from DePaul University, Roosevelt University, Columbia College, and the School of the Art Institute
  • Income-Producing T-Mobile Cell Phone Antenna on the Roof Leased Through 2033
  • Steps to Roosevelt CTA Station & Countless Retail/Restaurant Options on Michigan Avenue

Executive Summary

30 East Roosevelt Road, a 44-unit mixed-use property located in Chicago’s popular South Loop neighborhood, has been engaged to market for sale. The building includes 42 apartments, along with two successful ground level retail spaces. The building has a great unit mix of 1 bedrooms, 2 bedrooms, and studio apartments which all feature finishes including hardwood & carpeted floors, stainless steel appliances, quartz counters, custom cabinets, individual HVAC and laundry facilities on site. The building’s retail spaces include “Chopsticks”, a 1,205 SF restaurant currently leased through April 2026 and “Sweet Bean”, a bakery currently leased through February 2030. In addition, there is a TMobile cell phone antenna on the roof.
The property is ideally situated on the northwest corner of Roosevelt Road and Wabash Avenue, two buildings east of the CTA Roosevelt L stop, and less than a half mile to the Museum Campus Station, making this an excellent location within the South Loop neighborhood. Quick access to the Green, Orange & Red CTA Lines, along with several bus stops, Lake Shore Drive & the Kennedy Expressway, offers tenants a variety of excellent transportation options. 30 East Roosevelt is a rare opportunity to own a unique mixed-use building, just blocks from Chicago’s popular Museum Campus including the Field Museum, Shedd Aquarium, Adler Planetarium, Solder Field & Grant Park, and countless retail & restaurant options along Michigan Avenue. Additionally, the property is less than a mile to DePaul University, Roosevelt University, Columbia College, and the School of the Art Institute.

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.14 AC
Building Size 36,248 SF
No. Stories 8
Year Built/Renovated 1892/2000
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-15-308-025-0000
Land Assessment
$89,758
Improvements Assessment
$685,864
Total Assessment
$775,622
  • Listing ID: 31232825

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 30 E Roosevelt Rd, Chicago, IL 60605

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