3113 W Roosevelt Road
Chicago, IL 60612

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Description

Solid brick six-unit apartment building in the heart of North Lawndale, zoned B3-3. This three-story plus basement property, built in 1903 and renovated extensively over the years, offers two units per floor with a total of six residential apartments. The former storefront has been thoughtfully converted into a spacious studio apartment with soaring ceilings and an open layout, adding unique appeal to the building. Unit sizes include: 1F (studio): ~1,044 sq. ft. 1R (3BR/1BA): ~684 sq. ft. 2F (4BR/1BA): ~1,044 sq. ft. 2R (2BR/1BA): ~684 sq. ft. 3F (4BR/1BA): ~1,044 sq. ft. 3R (2BR/1BA): ~684 sq. ft. Basement: ~1,728 sq. ft., unfinished with utilities The property has been consistently improved, including: 2010: New sump pump and flood control in basement; Unit 1F renovated (hardwood, bath, kitchen). 2011: Front half of roof replaced. 2012: Units 2F & 3F renovated with hardwood floors. 2014: Hardwood flooring in Units 2R & 3R. 2016: Tuckpointing west side and front top portions. 2017: New steps and stairway to second floor. 2018: Rear porch rebuilt; Unit 1R renovated. 2021: Rear roof replaced; tuckpointing and plaster at front stairwell/entry. 2022: Units 2F & 2R received new kitchens, baths, flooring, cabinets, vanities; painted throughout. 2023: Unit 3F painted throughout; new tile kitchen floor, remodeled bath, and new cabinets. 2024: Unit 3F new furnace & hot water tank; exterior mailboxes installed. 2025: East side trees trimmed; Unit 1R furnace piping replaced; stairwell to third floor repainted. Ideally located siding up to Douglas Park, this building offers residents green space right outside their door.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60612
• Year Built: 1907
• Sq.Ft.: 6,048 sq ft
• Stories: 3
• Units: 6 units
• Basement: Unfinished, Cellar, Concrete
• # Of Ranges: 6
• # Of Refrigs: 6
• Approximate Age: Older
• Building Area Total: 6048
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Directions: Roosevelt Road, West of California, East of Homan, South side of the road, next to Douglas Park
• Electric: Circuit Breakers
• Electric Expense: 520
• Electric Expense Source: Owner Projection
• Expense Year: 2024
• Fuel Expense Source: Owner Projection
• Gross Income: 72960
• Gross Rent Multiplier: 8.08
• Gross Scheduled Income: 72960
• Heat/Ventilation: Forced Air, Gas
• Information: List Broker Must Accompany
• Insurance Expense Source: Owner Projection
• Lot Size Source: Appraiser
• Lot Size Square Feet: 2950
• Main Type: Commercial Sale
• Operating Expense: 10806
• Repairs-Decor Expense Source: Owner Projection
• Tax Annual Amount: 3924.95
• Tax Year: 2023
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 5480
• Township: West Chicago
• Trash Expense: 1812
• Trash Expense Source: Owner Projection
• Water Expense Source: Owner Projection
• Water Sewer Expense: 3050