1143 North Rockwell Street
1143 North Rockwell Street
$1,999,995
17
9
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Description
Investor's Dream Opportunity in West Town Chicago! Welcome to an exceptional investment opportunity in the highly sought-after West Town Chicago neighborhood! This rarely available multi-unit property is the perfect choice for cash buyers seeking a solid investment to park their money and secure reliable returns. Property Highlights: Prime Location: Nestled in the heart of West Town, this all-brick building stands out as a gem in the real estate market. Income Generator: With a total of 9 units,...Investor's Dream Opportunity in West Town Chicago! Welcome to an exceptional investment opportunity in the highly sought-after West Town Chicago neighborhood! This rarely available multi-unit property is the perfect choice for cash buyers seeking a solid investment to park their money and secure reliable returns. Property Highlights: Prime Location: Nestled in the heart of West Town, this all-brick building stands out as a gem in the real estate market. Income Generator: With a total of 9 units, this property is currently 100% leased, providing an immediate and steady stream of income for savvy investors. Zoning Advantage: Enjoy the benefits of C1-2 zoning on an extra-deep lot, allowing for versatile use and potential future development opportunities. Solid Structure: The enduring appeal of an all-brick construction ensures lasting value and low maintenance costs. Modern Upgrades: Benefit from newer windows that enhance energy efficiency and aesthetic appeal. Financial Snapshot: Stable Income: All 9 units are currently leased, ensuring a reliable and consistent rental income. Desirable Zoning: C1-2 zoning opens up various possibilities for maximizing returns, making this property an attractive investment choice. Low Vacancy Risk: The strong demand for rental units in the West Town area minimizes the risk of vacancies, contributing to a robust cash flow. Investment Potential: Strategic Frontage: Boasting approximately 29 ft x 175 ft frontage on Rockwell, the property offers a strategic location for visibility and accessibility. Separate Utilities: Individual meters for utilities provide convenience for both landlord and tenants, enhancing the property's appeal. Investor-Friendly Documentation: An Offering Memorandum is available to provide comprehensive insights into the investment potential and financial details. Why West Town? West Town is renowned for its vibrant community, excellent amenities, and proximity to the city's cultural and business hubs. The neighborhood's ongoing growth and development make it an ideal location for investors looking for long-term appreciation. Opportunity Awaits! Seize this rare opportunity to invest in a prime West Town Chicago multi-unit property. Whether you're a seasoned investor or looking to diversify your portfolio, this offering is sure to meet your criteria for a solid and lucrative investment. Available Offering Memorandum! Don't miss out on this chance to secure your financial future through a wise real estate investment.
- Listed by Vilija Garbonkus • eXp Realty, LLC
Property Details for 1143 North Rockwell Street
Area
CHI - West Town
ZoningCOMMR
Location
LISTING UPDATED: 04/07/2024 12:06 AM
Property Details for 1143 North Rockwell Street
Status | Active |
---|---|
MLS # | 11968091 |
Days on Market | 82 |
Taxes | $15,623 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1893 |
Lot Size | 0.11 AC / 4,700 SF |
County | Cook County |
Location
Building Information for 1143 North Rockwell Street
Stories-Residences9Year Built1893Building Size-Lot Size0.11 AC / 4,700 SF
Payment Calculator
$12,217 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1143 North Rockwell Street
Property History for 1143 North Rockwell Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1143 North Rockwell Street
Taxable ValueLand$6,815Additions$69,142Total$75,957
Tax Record2022$15,623 ($1,302 / month)
Home Facts
Stories3Lot Size4,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1894CountyCOOKAPN16-01-402-052
Schools near 1143 North Rockwell Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Chopin Elementary School PublicPK to 8 | ||
Clemente Community Academy High School Public9 to 12 | ||
Acero Chtr - Esmera Santiago Cmps CharterK to 8 | ||
Bridgescape Academy Humboldt Park 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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