Sold
Last Sold Price
3042 W Roosevelt Rd, Chicago, IL 60612
Mixed UseProperty Type
0.07 acresLot Size
1916Year Built

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...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.

    Sold By Right Realty Group

    • Listed by: Gina Purdy 773.318.7945 gina.purdy@bairdwarner.com • Baird & Warner
    Listing closed: 12/12/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12481280

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    Property Information for 3042 West Roosevelt Road

    Property Details
    • Taxes: $1,693 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - North Lawndale
    • Township: West Chicago
    • Air Conditioning Type: None
    • Num of Interior Fireplaces: 0
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Residences: 4
    • Year Built: 1916
    • Lot Size: 0.07 AC / 3,130 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Geographic Locale: Chicago West
    • Information: No Sign on Property
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: None
    • Electric: Circuit Breakers
    • # Of Washers: 0
    • Heat/Ventilation: Forced Air
    • # Of Window/Ac: 0
    • # Of Refrigerators: 3
    • # Of Dryers: 0
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 3
    Property/Lot Information
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25 x 125
    • Lot Size Square Feet: 3130.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: None
    • Building Area Total: 4002
    • # Of Offices: 0
    • # Of Ranges: 3
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 11
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 4
    Income & Expenses
    • Electric Expense: $482.00
    • Fuel Expense: $.00
    • Gross Income: $44,892.00
    • Gross Scheduled Income: $44,892.00
    • Insurance Expense: $.00
    • Electric Expense Source: Owner Projection
    • Insurance Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 3741
    • Water Expense Source: Actual
    • Trash Expense: $57.00
    • Water Sewer Expense: $129.00

    Property History for 3042 West Roosevelt Road

    DateEvent & SourcePriceAppreciation
    Dec 12, 2025

    Sold

    MRED #12481280

    $405,000
    Dec 11, 2025

    Sold (Public Record)

    Public Record #1925406455

    $405,000

    +18.6% / yr

    Oct 2, 2025

    Pending

    MRED #12481280

    DateEvent & SourcePrice
    12/12/2025

    Sold

    MRED #12481280

    $405,000
    12/11/2025

    Sold (Public Record)

    Public Record #1925406455

    $405,000

    +18.6% / yr

    10/02/2025

    Pending

    MRED #12481280

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

    Public Records for 3042 West Roosevelt Road

    Taxable ValueLand$4,531Additions$20,469Total$25,000
    Tax Record2023$1,693 ($141 / month)
    Home Facts
    Beds6Baths3.5Total Finished SqFt4,176 SqFtAbove Grade Finished SqFt4,176 SqFtStories3Lot Size3,125 SqFtStyleMiscellaneous ResidentialYear Built1916Year Renovated1918ZoningC1-3CountyCOOKAPN16-13-326-041-0000

    Schools near 3042 West Roosevelt Road

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - 8 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Johnson Elementary School
    PublicPK to 8

    Manley Career Academy High School
    Public9 to 12

    North Lawndale Charter High School
    Charter8 to 12

    Collins Academy High School
    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 Baird & Warner

    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 12/15/2025 09:40 AM. 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.