$10,000 Closing Credit¹
#11993923, Andy Sokol, Listing Office: The Sokol Group
$1,650,000 List price
709 W Roscoe St Chicago, IL 60657
$10,000
Closing credit¹
9 beds
5 baths
House
Property details
About 709 W Roscoe St
This multi-family property offers an unbeatable combination of space, location, and investment potential. Whether you're looking for a spacious family home with income-generating possibilities or a pure investment opportunity, this property deserves your serious consideration. Don't miss out on the chance to own a trophy property in one of the most sought-after neighborhoods. Schedule your viewing today and prepare to fall in love with your new home or investment property! Boasting an impressive 3,972 square feet of living space on a 33 x 133 lot, this legal 4-unit property has an annual gross income of $134,460 a year. RM-4.5 zoning potentially allows for expansion opportunities in this prime location. The owner has lovingly restored and maintained the vintage character of this timeless Greystone while making modern updates. With its multiple bedrooms and bathrooms, this multi-family home presents an excellent opportunity for generating rental income and never has a vacancy. The Lakeview area is highly sought-after by young professionals, students, and families alike, ensuring a steady stream of potential tenants. Whether you choose to live in one unit and rent out the others or utilize the entire property as a rental, the possibilities for creating a lucrative income stream are substantial. Unit 1F is a 3-bedroom duplex down with 2 bathrooms currently rented for $4,590. It features 1 bedroom on the main floor with 10-foot ceilings and original woodwork with inlay floors and restored iron glass in the living room. The expansive renovated kitchen features endless quartz counters and built-in pantry and updated bathroom. The lower level has 7'8 foot ceilings and features two additional bedrooms including a large master bedroom with walk in closet. The large, updated bathroom has heated floors and includes in unit laundry. Unit 1R is a 2-bedroom apartment with 1 bathroom and long term tenants currently rented for $1,975. Unit 2F is a 2-bedroom apartment with 1 bathroom with long term tenants currently rented for $1,950. Unit 2R is a 2-bedroom apartment with 1 bathroom and an updated kitchen and bathroom that is currently rented for $2,690. All units have 10-foot ceilings with inlay floors and restored original woodwork. Step outside into the amazing backyard oasis featuring mature greenery and a paver patio with a firepit and multiple seating arrangements. The landlocked lot offers a quaint and private outdoor space that is serene and makes you forget you are in the center of a bustling city. All units are rented until spring/summer 2025 and the seller is willing to consider a lease buyout to allow for an owner-occupied buyer. There is a huge opportunity to increase rents by $700-$800 in two of the units by performing cosmetic updates. Potential expansion opportunity in the basement as over half of it is currently used for utilities and tenant storage rooms and it has a ceiling height of 7'8. Updated plumbing and flood control system installed 3 years ago. Common laundry for the remaining three units is located in the basement and leased out. Each unit has its own gas and electric meter with HVAC and the owner pays for common service which includes one hot water heater for all units. One of the most alluring aspects of this property is its prime location. Situated in the bustling Lakeview neighborhood, residents will find themselves at the epicenter of Chicago's dynamic urban lifestyle. The area is renowned for its eclectic mix of trendy boutiques, diverse dining options, award winning schools, and lively entertainment venues. Whether you're in the mood for a quiet coffee shop or a night out on the town, you'll find it all just steps from your front door. Imagine starting your day with a refreshing jog along the lakefront or enjoying a picnic in one of the many nearby parks. Located just a short stroll away is the Belmont CTA as well as the express buses on LSD. Schedule your showing today!
Highlights
Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
BasementYes
Year built1906
MLS #12220064
Virtual tour
Summary
- MLS Number: 12220064
- MLS Name: MRED
- Office Name: Second City Real Estate
- Office Phone: (312) 392-1650
- Listing Agent: Brianna Zdravkovic
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$1,650,000
709 W Roscoe St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $120,291 | $24,741 |
| 2020 | $95,141 | $21,194 |
| 2019 | $114,802 | $23,065 |
| 2018 | $114,802 | $22,677 |
| 2017 | $89,008 | $19,160 |
History based on county public records data.
Nearby schools
9
Skinner Elementary School
Public District PK-5
2.5 mi
•111 S Throop St
4
Henry Elementary School
Public District PK-6
3.7 mi
•4250 N Saint Louis Ave
4
Hibbard Elementary School
Public District PK-6
3.7 mi
•3244 W Ainslie St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,529. The majority of Chicago, IL residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
23%
<35k
34%
35k-100k
27%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
82%
Single, No Kids
2%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
1%
12-17 yrs old
57%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Hiking/backpacking
Art Museums
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 709 W Roscoe St
This home is located at 709 W Roscoe St in Chicago, IL and zip code 60657 in the Boystown neighborhood. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $1,650,000.
In January 2025 more than 347 listings in Chicago, IL were sold above the asking price. During the same period more than 238 listings were sold at asking price, while more than 707 were sold below. In January 2025 in Chicago, IL there were 11.5% more homes for sale than in December. In January 2025 median list price was $369,009 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.