1. Illinois
2. Chicago
3. 3708 W Roosevelt Road

3708 W Roosevelt Road, Chicago, IL 60624

• 3,500 sqft

Property Description

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!

Listing Status:

Active

Listing Office:

eXp Realty : 312-785-1757

Listing Agent:

Oscar Estrada : 312-785-1757

MLS ID:

12393070

Interior

• A/C: Central Air

Location

Lot

Utilities

Financial

This listing courtesy of Oscar Estrada, eXp Realty