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1448 S Rockwell Avenue Chicago, IL 60608

$1,200,000
New / MLS# 12645417 / Multi Unit - Multiple / Chicago
0 Beds
7200 SqFt

Located directly across from Cinespace Chicago Film Studios in the rapidly developing Douglas Park neighborhood, this legal 7-unit property presents a rare investment opportunity with strong income potential and owner-occupant flexibility. The property consists of a spacious single-family home plus a well-maintained 6-unit apartment building, blending classic Chicago character with modern updates throughout. The single-family residence features 4 bedrooms and 2 full bathrooms, hardwood flooring throughout, a combined kitchen and dining area, central HVAC, and basement washer/dryer hookups. A gated rear parking pad provides secure off-street parking and can also function as a private patio space, adding extra value for tenants or an owner-occupant. The neighboring 6-unit building is comprised entirely of updated 2-bedroom, 1-bathroom apartments. Each unit has been renovated within the past few years with newer flooring, updated kitchen cabinetry, appliances, lighting fixtures, and ceiling fans. Additional income is generated through the on-site coin laundry located in the basement. Tenants are responsible for all utilities except water, helping to minimize operating expenses. Ideally situated within walking distance to Mount Sinai Hospital, Douglass Park, public transportation, and the CTA Pink Line station, this property offers convenience, accessibility, and long-term upside in one of Chicago's evolving investment corridors.

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Estimated Payment

$ 3,772.83 per month $2,666.67 Principal & Interest $756.17 Property Tax $350.00 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Lot Size: 0.08 Acres
Stories: 3.0
Taxes: $9,074
Year Built: 1930

Feature Descriptions

Current Use: Multi-Family
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Gas
Lot Dimensions: 28x133
Parcel#: 16242170160000
Parking: Parking-Street
Tenant Pays: Electricity, Heat
Units: 7

Location

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Listing Office: Avenue 1 Realty Group

Listing Office Phone: 773-622-4663



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