11
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$479,900
Est. payment /mo
4,002 SqFt
Active Under Contract
3042 W Roosevelt RD Chicago, IL 60612
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,002 sqft
Price per Sqft $119
MLS Listing ID 12481280
Year Built 1916
Annual Tax Amount $1,693
Tax Year 2023
Lot Dimensions 25 x 125
Property Sub-Type Mixed Use
Property Description
Solid Mixed-Use Investment Opportunity in North Lawndale! Prime location directly across from Douglas Park, this four-unit, mixed-use building offers a strong combination of retail and residential income. Built in 1918 and thoughtfully renovated in 2011, this property sits on a 3,130 sq. ft. lot, zoned C1-3. The first floor features a 1,000 sq. ft. retail unit, currently occupied as a barbershop, plus a two-bedroom, one-bath apartment (564 sq. ft.) at the rear. The second and third floors each offer spacious 1,219 sq. ft. three-bedroom, one-bath apartments with refinished hardwood floors, updated kitchens, and baths. The basement (1,219 sq. ft.) is unfinished, housing utilities and additional storage. Recent Updates Include: Full apartment renovations (2012) with new kitchens, baths, cabinets, sinks, faucets, flooring, and windows as needed, Wrought iron gates (2013), Roof work and tuckpointing (2016, 2025),Cement basement flooring and glass block windows (2017),Porch and landing repairs (2019), Hot water tank replacement (Unit 3R, 2020),Front barbershop door and glass replacement (2021), Back wrought iron painting (2024). This is a well-maintained, income-producing property with long-term improvements already completed, making it an ideal investment. Excellent location, strong rental potential, and unbeatable proximity to one of Chicago's most iconic parks. The seller also owns the building across the street (3113 W. Roosevelt MLS #12481551), which is also available, creating a rare portfolio opportunity to acquire both properties together.
Location
State IL
County Cook
Area Chi - North Lawndale
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gina Purdy of Baird & Warner
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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