$1,950,000
1253 N Rockwell Street
Chicago, IL, 60622
Introducing 1253 N. Rockwell, a high-potential multifamily investment property in Chicago’s East Humboldt/Wicker Park neighborhood. This 7-unit vintage building presents a rare opportunity for real estate investors seeking strong cash flow and long-term appreciation in one of the city’s most dynamic rental markets. The property consists of five spacious 2 bed/2 bath units and two 1 bed/1 bath units, all featuring modern updates, in-unit laundry, hardwood floors, and large windows-highly desirable amenities for today’s renters. With current rents significantly below market value, there is substantial potential to increase rental income through strategic rent adjustments and property enhancements. Situated just steps from trendy restaurants, grocery stores, nightlife, and public transportation, including the #70 Division bus at Rockwell, this location ensures strong tenant demand. Additionally, its proximity to Humboldt Park offers an added lifestyle perk, attracting renters who value access to green space. This turnkey investment combines immediate value-add potential with a desirable unit mix, a prime Chicago location, and steady rental income, making it a smart choice for investors looking to capitalize on the booming multifamily market.
Property Details
Price:
$1,950,000
MLS #:
MRD12300990
Status:
Active
Beds:
0
Baths:
0
Address:
1253 N Rockwell Street
Type:
Commercial
Neighborhood:
CHI – West Town
City:
Chicago
Listed Date:
Mar 10, 2025
State:
IL
ZIP:
60622
Year Built:
1896
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick, Concrete, Stone
Financial
HOA Includes
None
Tax Year
2023
Taxes
$13,315
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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1253 N Rockwell Street
Chicago, IL
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