Forest Park, IL 60130 7242 Roosevelt Road

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Presented By: Fathom Realty IL, LLC
  • MLS# 11821667
  • 07/01/2023
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

Looking for Passive Cash Flow? Renovated mixed use investment property featuring three, 1BR/1BA spacious apartments with great size rooms on the 2nd Floor. The first floor retail space is a laundromat (with an office space in the rear) in its 3rd year of a 5yr lease. Tenants easily can walk to Jewel, Walmart, and Forest Park Shopping plaza for supplies and decor. Enjoy a bike ride or exercise at the lovely Maple Park only a few blocks away. Located near Forest Park Blue Line, I-290, and several Bus Routes. Emergency Lighting and Exit Signs in Laundromat. Electric Power at 400 amps along with Plumbing upgrades! Fully Occupied and Well Kept Building! Great Investment opportunity! Schedule a showing and see for yourself!
Presented By: Fathom Realty IL, LLC

Interior Features for 7242 Roosevelt Road

Other Interior Features

Street SuffixRoad

General for 7242 Roosevelt Road

Additional Parcels Y/NNo
CityForest Park
CoolingNone
CountyCook
Days on Market414
DirectionsWest of Harlem on Roosevelt Rd.
ElectricService - 201 to 600 Amps
Electric Expense1565
Fuel Expense825
Gross Income46356
Insurance Expense3000
Lot Size Square Feet2592
MLS AreaForest Park
NumberOfUnitsTotal3
PossessionClosing
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount8800
Tax Year2021
Tenant PaysElectricity
Total Actual Rent3695
Trash Expense1670
Water Sewer Expense2400
Year Built1959
ZoningCOMMR

Exterior for 7242 Roosevelt Road

Lot Dimensions25 X 125

Additional Details

Price History

Worth Clark

Price $399,900
MLS#11821667
List Date 07/01/2023
Property Type Commercial
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