Sold
Last Sold Price
2422-26 W Roosevelt Rd, Chicago, IL 60608
Mixed UseProperty Type
6,669 sq ftLot Size
1893Year Built

Description

3 Prime Contiguous Lots: one vacant lot (19'x117')in between two solid all brick 3 story 3 flats with a total 6 units: 1st floor commercial (Hewitt Jackson in 2426 W. Roosevelt $975/m) and (2422 W. Roosevelt recently vacated was @ $1,100/m); 2nd and 3rd floors are 2 and 3 bedroom apartments of which 2 are rented at $650/m. Unfinished hardwood oak floors in apartments, Newer roof, plumbing & electric individual metered utilities in all 6 units. Rents can easily be increased with some rehab: Improvements...3 Prime Contiguous Lots: one vacant lot (19'x117')in between two solid all brick 3 story 3 flats with a total 6 units: 1st floor commercial (Hewitt Jackson in 2426 W. Roosevelt $975/m) and (2422 W. Roosevelt recently vacated was @ $1,100/m); 2nd and 3rd floors are 2 and 3 bedroom apartments of which 2 are rented at $650/m. Unfinished hardwood oak floors in apartments, Newer roof, plumbing & electric individual metered utilities in all 6 units. Rents can easily be increased with some rehab: Improvements needed back porch, windows, hotwater heaters, gas furnaces and a/c. This is a great cash flow opportunity and acquisition/rehab financing available. High traffic location, excellent street visibility, near UIC/Rush IL Medical Center. PIN #'s: 3 Flat at: 2422 W. Roosevelt is: 16134270430000. Vacant Lot at: 2424 W. Roosevelt is: 16134270420000. 3 Flat at: 2426 W. Roosevelt is: 16134270430000.

    Sold By Avenue 1 Realty Group

    • Listed by: William Altier 312.735.3124 bill@altierteam.com • Bill Altier
    Listing closed: 05/02/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09089753

    Recent comparable sales

    Median sold price

    $380,000

    Avg days on market

    79

    Sale-to-list ratio

    91.4%

    Chicago, IL

    9 comparable properties found

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    $380,000 | 2301 West Cermak Road, Chicago, IL 60608
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    $275,000 | 3544 West Lake Street, Chicago, IL 60624
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    Bathrooms
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    Square Feet
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    Location

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    Property Information for 2422-26 West Roosevelt Road

    Property Details
    • Taxes: $7,800 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - Near West Side
    • Township: West Chicago
    • Air Conditioning Type: None
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1893
    • Lot Size: 0.15 AC / 6,669 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Frontage Type: City Street, Public Road
    • Geographic Locale: Chicago West
    • Information: Seller's Disclosure,None,Short Sale
    • Postal Code Plus 4: 1004
    Taxes and HOA Information
    • Additional Parcels: Yes
    Property Information
    Interior Features
    • Air Conditioning: None
    • Electric: Circuit Breakers
    • # Of Washers: 0
    • Heat/Ventilation: Forced Air,Gas
    • # Of Refrigerators: 4
    • # Of Dryers: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 19X117
    • Lot Size Square Feet: 6669.0
    • Stories: 3
    • Exterior Building Type: Brick, Stone
    • Construction: Brick, Stone
    • Roof Type: Membrane, Rubber
    • Roof Structure: Flat,Pitched
    • Foundation Details: Brick/Mortar, Stone
    • Building Area Total: 5400
    • # Of Offices: 1
    • # Of Ranges: 4
    • # Of Stores: 1
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Multi-Family, Retail
    • Buyer Financing: Conventional
    • Public Document Count: 3
    • Document Date: 2016-01-18T00:06:00
    • Photos Count: 20
    Miscellaneous
    • Location: Central Business District,Mixed Use Area,Public Transport Avail
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $29,700.00
    • Gross Scheduled Income: $60,000.00
    • Insurance Expense: $3,000.00
    • Electric Expense Source: Owner Projection
    • Known Encumbrances: First Mortgage
    • Expense Year: 2014
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Total Monthly Income: 2475
    • Water Expense Source: Owner Projection
    • Net Operating Income: $19,700.00
    • Operating Expense: $10,000.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $200.00

    Property History for 2422-26 West Roosevelt Road

    DateEvent & SourcePriceAppreciation
    May 2, 2016

    Sold

    MRED #09089753

    $365,000
    Jan 17, 2016

    Listed (Active)

    MRED #09089753

    $420,000
    Jan 17, 2016

    Pending

    MRED #09089753

    DateEvent & SourcePrice
    05/02/2016

    Sold

    MRED #09089753

    $365,000
    01/17/2016

    Listed (Active)

    MRED #09089753

    $420,000
    01/17/2016

    Pending

    MRED #09089753

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 2422-26 West Roosevelt Road

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 6 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Jensen Elementary Scholastic Academy
    PublicPK to 8

    Manley Career Academy High School
    Public9 to 12

    Jefferson Alt High School
    Public6 to 12

    OMBUDSMAN CHICAGO NORTHWEST HS
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Bill Altier

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/07/2025 12:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.