Listing provided courtesy of Connect Realty.com Inc.MREDas Distributed by MLSGrid- MLS# 12522923MLS Provider

1953 W Roscoe StreetChicago, IL 60657

Commercial · 6,336 Sq. ft.
$1,799,000 Active

1953 W Roscoe Street Overview

Time on Site:
210 days
Visits:
3

WOW!....ROSCOE VILLAGE (4) STAR LOCATION ON THE ROSCOE STREET STRIP! A RENOVATED (6) UNIT VINTAGE BRICK CONSTRUCTED (3) STORY MIXED-USE BUILDING WITH (1) COMMERCIAL RETAIL STOREFRONT WITH (5) RESIDENTIAL RENTAL UNITS. (5-6) PARKING SPACES & A SIDE YARD! ALL RENTALS ARE (2BR-1BATH) UNITS WITH SEPARATE HEAT & HOT/W TANKS. IN ADDITION TO A FULLY OCCUPIED BLDG. THERE IS ADDITIONAL INCOME FROM THE WEST EXPOSURE BILLBOARD/SIGNAGE. SOON A PROPOSED & PENDING CELL TOWER LEASE ADDING $2,000 PER MONTH! A FULL UNFINISHED BASEMENT HAS POTENTIAL FOR OTHER USES. ALL THIS ON A SITE OF (37.5) FOOT WIDE LOT THAT COULD BE USED FOR ADDITIONAL PARKING AND/OR A SIDE YARD WITH COMMERCIAL POTENTIAL CAFE/DINING! COIN LAUNDRY IN BASEMENT ADDS ADDITIONAL INCOME. (GRM) IS EST. PROFORMA AT FULL MARKET RENTS DUE TO LONG TERM TENANTS & FAMILY.

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1953 W Roscoe Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,336
  • Price/Sq.ft. $284

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 600
  • Fuel Expense: 600
  • Gross Income: 165000
  • Gross Scheduled Income: 189000
  • Insurance Expense: 12000
  • Net Operating Income: 120000
  • Operating Expense: 45000
  • Trash Expense: 1500
  • Water Sewer Expense: 2400

Building Information

  • Year Built: 1893

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - North Center
  • Township: Lake View

Tax Information

  • Tax Annual Amount: $25,686.00
  • Tax Year: 2024

General Information

  • Parcel Number: 14194180020000
  • Possible Use: Commercial
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Retail SqFt.: 1500

Building Interior

  • Building Area Total: 6336

General Information

  • Cooling: Window Unit(s)
  • Electric: Separate Meters, Service - 101 to 200 Amps
  • Flooring: Concrete, Tile, Wood
  • Foundation Details: Brick/Mortar, Stone
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 37.5 X 125
  • Lot Size Square Feet: 4687

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 6

1953 W Roscoe Street Neighborhood

Community

60657 (Chicago) Demographics

31
Median Age
23,068
Population Density (per sq. mile)
87%
College Educated
$94,722
Estimated Median Income
14,173
Estimated Total Home Owners
22,758
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1953 W Roscoe Street Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1953 W Roscoe Street Market Data

Based on the last 30 days in this zip code

$983,928
Average List Price
$754
Average Price per Square Foot
101
Properties Sold
49
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

1953 W Roscoe Street History

Date Event Value Agent
4/26/2026Source: MRED Status Change
Active
4/21/2026Source: MRED Price Reduction
$1,799,000 -2.7%
4/21/2026Source: MRED Status Change
Price Change
2/2/2026Source: MRED Status Change
Active
1/28/2026Source: MRED Price Increase
$1,849,000 2.8%
1/28/2026Source: MRED Status Change
Re-activated
1/6/2026Source: MRED Status Change
Contingent
12/6/2025Source: MRED Status Change
Active
12/1/2025Source: MRED Added to Database
December 01, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022