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 image #0MLS #MRD12393070 image #1MLS #MRD12393070 image #2MLS #MRD12393070 image #3MLS #MRD12393070 image #4MLS #MRD12393070 image #5MLS #MRD12393070 image #6MLS #MRD12393070 image #7MLS #MRD12393070 image #8MLS #MRD12393070 image #9MLS #MRD12393070 image #10MLS #MRD12393070 image #11MLS #MRD12393070 image #12MLS #MRD12393070 image #13MLS #MRD12393070 image #14MLS #MRD12393070 image #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
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – North Lawndale
Listed Date:
Jun 13, 2025
Total Sq Ft:
3,500
Year Built:
1903
Chi – North LawndaleChi – North Lawndale

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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Current real estate data for Commercial in Chicago as of Sep 03, 2025
1,069
Commercial Listed
164
Avg DOM
151
Avg $ / SqFt
$1,041,677
Avg List Price

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Property Summary

    3708 W Roosevelt Road Chicago IL is a Commercial for sale in Chicago, IL, 60624. It is listed for $300,000 To schedule a showing of MLS#mrd12393070 at 3708 W Roosevelt Road in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
3708 W Roosevelt Road
Chicago, IL