3042 W Roosevelt Road
Chicago, IL, 60612
$479,900
Beds
0 Baths
0 SqFt
0 Acres
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$479,900
3042 W Roosevelt Road
Chicago, IL, 60612
MLS #MRD12481280 image #0MLS #MRD12481280 image #1MLS #MRD12481280 image #2MLS #MRD12481280 image #3MLS #MRD12481280 image #4MLS #MRD12481280 image #5MLS #MRD12481280 image #6MLS #MRD12481280 image #7MLS #MRD12481280 image #8MLS #MRD12481280 image #9MLS #MRD12481280 image #10
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.

Property Details

Price:
$479,900
MLS #:
MRD12481280
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorthlawndale
Listed Date:
Sep 25, 2025
Total Sq Ft:
4,002
Year Built:
1916
Chi – North LawndaleChinorthlawndale

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick

Financial

Tax Year
2023
Taxes
$1,693
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 06, 2025
1,114
Commercial Listed
163
Avg DOM
155
Avg $ / SqFt
$1,033,962
Avg List Price

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Property Summary

    3042 W Roosevelt Road Chicago IL is a Commercial for sale in Chicago, IL, 60612. It is listed for $479,900 To schedule a showing of MLS#mrd12481280 at 3042 W Roosevelt Road in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3042 W Roosevelt Road
Chicago, IL