3708 W Roosevelt Road
Chicago, IL, 60624
$300,000
Beds
0 Baths
0 SqFt
0 Acres
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$300,000
3708 W Roosevelt Road
Chicago, IL, 60624
MLS #MRD12393070 img 0MLS #MRD12393070 img 1MLS #MRD12393070 img 2MLS #MRD12393070 img 3MLS #MRD12393070 img 4MLS #MRD12393070 img 5MLS #MRD12393070 img 6MLS #MRD12393070 img 7MLS #MRD12393070 img 8MLS #MRD12393070 img 9MLS #MRD12393070 img 10MLS #MRD12393070 img 11MLS #MRD12393070 img 12MLS #MRD12393070 img 13MLS #MRD12393070 img 14MLS #MRD12393070 img 15
Prime Two-Story Retail Building with plenty of parking – Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income, cap rate is an astonishing 15. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it’s more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don’t miss your chance to make it yours! Schedule a viewing today!

Property Details

Price:
$300,000
MLS #:
MRD12393070
Status:
Active
Beds:
0
Baths:
0
Address:
3708 W Roosevelt Road
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Jun 13, 2025
State:
IL
Total Sq Ft:
3,500
ZIP:
60624
Year Built:
1903

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Tax Year
2023
Taxes
$2,540
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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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3708 W Roosevelt Road
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