PROPERTY LISTED
2013 W. Roscoe is a three unit mixed-use building located in the heart of Roscoe Village. The rents have not kept pace with the neighborhood. This presents the opportunity for an investor to take advantage of the irreplaceable location, large units and proximity to the Paulina Brown line stop to realize a strong cash on cash return while benefiting from the neighborhood appreciation.
LOCATION DETAILS
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HIGHLIGHTS
- Sold at a 5.6% Cap Rate
- 1/2 mile from the Paulina Brown Line Stop
- 3 unit mixed-use building with large units
- Apartment rents significantly below market
- Apartment units renovated in 2003
- Long term national credit retail tenant