1253 N Rockwell Street , Chicago, IL 60622
Chicago, IL 60622
Description
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.
Details
| MLS# | 12300990 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1896 |
| Days On Site | 43 |
| Listing Provided By | Jameson Sotheby's Intl Realty | Gia Devenyi |
Features
| Story(s) | 3 |
|---|---|
| Units | 7 |
| Zoning | MULTI |
Market Activity 60622
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60622 |
| Area | CHI West Town |
| Listing VS Median (In 60622) | |
Price: $1,950,000 low | high Med: $259,900 On site: 43 low | high Med: 897.000000 | |