3 Prime Contiguous Lots: one vacant lot (19'x117')in between two solid all brick 3 story 3 flats with a total 6 units: 1st floor commercial (Hewitt Jackson in 2426 W. Roosevelt $975/m) and (2422 W. Roosevelt recently vacated was @ $1,100/m); 2nd and 3rd floors are 2 and 3 bedroom apartments of which 2 are rented at $650/m. Unfinished hardwood oak floors in apartments, Newer roof, plumbing & electric individual metered utilities in all 6 units. Rents can easily be increased with some rehab: Improvements needed back porch, windows, hotwater heaters, gas furnaces and a/c. This is a great cash flow opportunity and acquisition/rehab financing available. High traffic location, excellent street visibility, near UIC/Rush IL Medical Center. PIN #'s: 3 Flat at: 2422 W. Roosevelt is: 16134270430000. Vacant Lot at: 2424 W. Roosevelt is: 16134270420000. 3 Flat at: 2426 W. Roosevelt is: 16134270430000.
Multi-familyProperty Type
1890Year Built
2,321 sq ftLot Size
$159Price/Sq.Ft.
Listed by William Altier• Bill Altier
Bought with Ronald Ohr• Avenue 1 Realty Group
Source:MRED as Distributed by MLS Grid #09089753
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3 Prime Contiguous Lots: one vacant lot (19'x117')in between two solid all brick 3 story 3 flats with a total 6 units: 1st floor commercial (Hewitt Jackson in 2426 W. Roosevelt $975/m) and (2422 W. Roosevelt recently vacated was @ $1,100/m); 2nd and 3rd floors are 2 and 3 bedroom apartments of which 2 are rented at $650/m. Unfinished hardwood oak floors in apartments, Newer roof, plumbing & electric individual metered utilities in all 6 units. Rents can easily be increased with some rehab: Improvements needed back porch, windows, hotwater heaters, gas furnaces and a/c. This is a great cash flow opportunity and acquisition/rehab financing available. High traffic location, excellent street visibility, near UIC/Rush IL Medical Center. PIN #'s: 3 Flat at: 2422 W. Roosevelt is: 16134270430000. Vacant Lot at: 2424 W. Roosevelt is: 16134270420000. 3 Flat at: 2426 W. Roosevelt is: 16134270430000.
Year
Property tax
Land + Additions
Assessment*
2023
$6,140 (+2.6%)
$4,874 + $24,125
$28,999
2022
$5,985 (+2.3%)
$4,874 + $24,125
$28,999
2021
$5,851 (+9.4%)
$4,874 + $24,125
$28,999
2020
$5,347 (−2.4%)
$4,874 + $19,048
$23,922
2019
$5,480 (+1.7%)
$4,874 + $22,311
$27,185
2018
$5,387 (+46.0%)
$4,874 + $22,311
$27,185
2017
$3,691 (+7.9%)
$4,293 + $12,795
$17,088
2016
$3,423 (+9.3%)
$4,293 + $12,795
$17,088
2015
$3,131 (+3.7%)
$4,293 + $12,795
$17,088
2014
$3,019 (+2.0%)
$4,177 + $12,096
$16,273
2013
$2,959 (+1.3%)
$4,177 + $12,096
$16,273
2012
$2,920 (−6.5%)
$4,177 + $12,096
$16,273
2011
$3,123 (−0.4%)
$5,570 + $13,704
$19,274
2010
$3,136 (+4.4%)
$5,570 + $13,704
$19,274
2009
$3,005 (+0.2%)
$5,570 + $13,704
$19,274
2008
$3,000 (+1.0%)
$5,291 + $15,624
$20,915
2007
$2,970
$5,291 + $15,624
$20,915
Tax history for 2426 W Roosevelt Rd
Year
Property tax
Land + Additions
Assessment*
2023
$6,140 (+2.6%)
$4,874 + $24,125
$28,999
2022
$5,985 (+2.3%)
$4,874 + $24,125
$28,999
2021
$5,851 (+9.4%)
$4,874 + $24,125
$28,999
2020
$5,347 (−2.4%)
$4,874 + $19,048
$23,922
2019
$5,480 (+1.7%)
$4,874 + $22,311
$27,185
2018
$5,387 (+46.0%)
$4,874 + $22,311
$27,185
2017
$3,691 (+7.9%)
$4,293 + $12,795
$17,088
2016
$3,423 (+9.3%)
$4,293 + $12,795
$17,088
2015
$3,131 (+3.7%)
$4,293 + $12,795
$17,088
2014
$3,019 (+2.0%)
$4,177 + $12,096
$16,273
2013
$2,959 (+1.3%)
$4,177 + $12,096
$16,273
2012
$2,920 (−6.5%)
$4,177 + $12,096
$16,273
2011
$3,123 (−0.4%)
$5,570 + $13,704
$19,274
2010
$3,136 (+4.4%)
$5,570 + $13,704
$19,274
2009
$3,005 (+0.2%)
$5,570 + $13,704
$19,274
2008
$3,000 (+1.0%)
$5,291 + $15,624
$20,915
2007
$2,970
$5,291 + $15,624
$20,915
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
C1-2
Neighborhood Commercial District
The primary purpose of the C1, Neighborhood Commercial district is to accommodate a very broad range of small-scale, business, service and commercial uses.; C1 zoning is distinguished from B1 zoning by the range of use types allowed: C1 permits more intensive, more auto-oriented commercial use types than does B1. The C1 district also allows taverns and liquor stores by-right.; The C1 district permits residential dwelling units above the ground floor.; C1 zoning is generally intended to be applied in compact nodes, at the intersection of two or more major streets, or in a cohesive linear fashion along streets.; The C1 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations.
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Restaurant
Hospital / medical center
Housing-Senior
Commercial laundry
Manufacturing
Mixed use building
Office
Property details
Interior
Basement Information
Basement Finish: Unfinished
Basement Type: Partial
Bathroom Information
# of Full Baths: 3
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential
Property Information
Subdivision Name: S W RAWSONS
Living Sq. Ft: 2,508
# of Units: 4
# of Stories: 3
Stories Type: 3
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,321
Legal Lot Number: 3
Legal Block Number: 4
Acres: 0.0533
Zoning Code: 10
County Use Description: APARTMENTS 2-6
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,508
Stories: 3.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 2,321 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1890
Year Renovated: 2022
County: Cook County
APN: 16134270410000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Feb 2, 2023
Around this home
Schools
Jensen Elementary Scholastic Academy
Public PreK-8 • Assigned • 0.9mi
5/10
Manley Career Academy High School
Public 9-12 • Assigned • 0.7mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.