Mixed-Use

2058 West Roscoe Street

2058 W Roscoe St, Chicago, IL 60618

Listing Price: $2,045,000

Cap Rate
6.25%
Number of Units
6
Price/Unit
$340,833
Price/Gross SF
$346.61
Gross SF
5,900

Investment Overview

Marcus & Millichap is pleased to present this mixed use opportunity in the Roscoe Village neighborhood of Chicago, Illinois. The subject property consists of five apartments and one retail space, occupied by KI House. The apartments feature hardwood floors throughout, granite countertops, stainless steel appliances, and in-unit laundry. There is also a cellular tower on the roof, which increases revenue. The subject property is a ten-minute walk to Chicago Transit Authoritys (CTA) Paulina Brown Line train stop and a 13-minute walk to CTAs 9 bus stop.

The neighborhood of Roscoe Village, also known as the village within the city, draws Chicagoans to the area due to the relaxed atmosphere created by independently owned businesses and trendy brunch spots. During the warmer months the area features outdoor patios and beer gardens that people flock to the area to visit. Roscoe Village as much to offer shoppers; anything from antique stores to upscale babywear can be found in this area. This easy to walk neighborhood features a mixture of storefronts and classic frame and brick homes, drawing in families into Roscoe Village who are looking for a quieter pocket of the city.

Investment Highlights

  • Excellent Roscoe Village Location
  • Five Apartments, One Retail Space
  • Cellular Tower Creates Additional Revenue

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

Listing Price: $2,045,000

Cap Rate
6.25%
Number of Units
6
Price/Unit
$340,833
Price/Gross SF
$346.61
Gross SF
5,900

Investment Highlights

  • Excellent Roscoe Village Location
  • Five Apartments, One Retail Space
  • Cellular Tower Creates Additional Revenue

Investment Overview

Marcus & Millichap is pleased to present this mixed use opportunity in the Roscoe Village neighborhood of Chicago, Illinois. The subject property consists of five apartments and one retail space, occupied by KI House. The apartments feature hardwood floors throughout, granite countertops, stainless steel appliances, and in-unit laundry. There is also a cellular tower on the roof, which increases revenue. The subject property is a ten-minute walk to Chicago Transit Authoritys (CTA) Paulina Brown Line train stop and a 13-minute walk to CTAs 9 bus stop.

The neighborhood of Roscoe Village, also known as the village within the city, draws Chicagoans to the area due to the relaxed atmosphere created by independently owned businesses and trendy brunch spots. During the warmer months the area features outdoor patios and beer gardens that people flock to the area to visit. Roscoe Village as much to offer shoppers; anything from antique stores to upscale babywear can be found in this area. This easy to walk neighborhood features a mixture of storefronts and classic frame and brick homes, drawing in families into Roscoe Village who are looking for a quieter pocket of the city.

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

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