5944-5946 W Roosevelt Rd | Chicago, IL 60644
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5944-5946 W Roosevelt Rd
Chicago, IL 60644
Roosevelt 38 · Multifamily Property For Sale · 50 Units
Investment Highlights
- A 38 mixed unit complex on 5944-5946 W Roosevelt and a 12-unit multifamily building on 5936 W Fillmore St.
- Combined both properties have had over $350,000 worth of capital improvement completed.
- 5944-5946 W Roosevelt is located on two major cross streets of Roosevelt and Austin.
- These assets present a unique opportunity to buy a stable asset with great return at 5936 W Fillmore and a value-add opportunity.
- This includes interior renovations, complete roof repairs, repainting of the silver coating, basement work, new porches, and common area repainting.
Executive Summary
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.39 AC |
| No. Units | 50 | Building Size | 38,850 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low Rise | Parking Ratio | 0.18/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 38,850 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 0.18/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| Studios | 2 | - | - |
| 1+1 | 10 | - | - |
| 2+1 | 19 | - | - |
PROPERTY TAXES
| Parcel Number | 16-17-409-030-0000 | Improvements Assessment | $263,763 |
| Land Assessment | $21,837 | Total Assessment | $285,600 |
PROPERTY TAXES
Parcel Number
16-17-409-030-0000
Land Assessment
$21,837
Improvements Assessment
$263,763
Total Assessment
$285,600
zoning
| Zoning Code | B3-2 (General Business Zoning District) |
| B3-2 (General Business Zoning District) |
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