Closed

$294,000

3936 Roosevelt Road, Chicago, IL 60624
1 days
3936 Roosevelt Road·Chicago, IL 60624
1891Year Built
About This Home

Welcome to North Lawndale where business are thriving again and the 24th Ward is being rebuilt one block and business at a time! Come check out this approx. The appraisal for this gem just came in at $295,000 04/2023. The property taxes are being disputed and should see huge reduction upon appeal review. 4500 multi level business waiting for its new owner. It is currently being used as 24th ward candidate headquarters with many private offices on the 1st level and two rental businesses on the 2nd level; a photography studio & EMT training school. Each level have offices, lobbies, reception areas, conference rooms and multiple rest rooms. There is also a kitchenette & tons of storage space. Multiple and separate entrances for each business creates privacy, confidential atmosphere for its tenants and easy access. There are video surveillance security cameras through out the building as well as on the front and rear entrances. This property and space is in great condition with 2 furnaces that there were replaced in 2015 & 2017, separate electrical boxes with one being located on both levels, Central AC which was installed in 2010 & roughed plumbing for a 4th bathroom on level one. The location of these units are ideal with easy access to the expressways, easy accessible via public transportation and would be neighbors to multiple new businesses, restaurants and parks within blocks which drives high traffic. The potential businesses that can benefit and yield high ROI are plentiful. Rather you are thinking of salon suites, barber shop, restaurants, restoring the 2nd level back to apartments, grocery or convenience store, beauty supply store, or leave the existing businesses in tact; bring your vision to life while increasing your wealth and financial freedom. Schedule your tour today. *** NOTE - Property taxes are currently being disputed. ****

MLS# 11954514Listed January 2, 2024Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1891
Lot Size25X125

Location

CountyCook
Zip Code60624

Financial

List Price$294,000
Annual Taxes (2021)$21,871
Monthly Tax Est.$1,823
Parcel #16143260300000
Interior Features

Cooling

Central Air
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$21,871
Tax Year 2021
Monthly Tax Est.
$1,823
per month
Property Location

3936 Roosevelt Road, Chicago, IL 60624Cook County

$294,000
3936 Roosevelt Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
1 days on market
25X125
$21,871/yr taxes
$3,368
estimated monthly payment
Principal & Interest
$1,545/mo
Property Tax
$1,823/mo
$294,000
20% — $58,800
3%50%
6.875%
3%12%
Loan Amount
$235,200
Down Payment
$58,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
eXp Realty, LLC
Agent: Daphne Pinkney
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