Introducing 1253 N. Rockwell, a high-potential multifamily investment property in Chicago's East Humboldt/Wicker Park neighborhood. This 7-unit vintage building presents a rare opportunity for real estate investors seeking strong cash flow and long-term appreciation in one of the city's most dynamic rental markets. The property consists of five spacious 2 bed/2 bath units and two 1 bed/1 bath units, all featuring modern updates, in-unit laundry, hardwood floors, and large windows-highly desirable amenities for today's renters. With current rents significantly below market value, there is substantial potential to increase rental income through strategic rent adjustments and property enhancements. Situated just steps from trendy restaurants, grocery stores, nightlife, and public transportation, including the #70 Division bus at Rockwell, this location ensures strong tenant demand. Additionally, its proximity to Humboldt Park offers an added lifestyle perk, attracting renters who value access to green space. This turnkey investment combines immediate value-add potential with a desirable unit mix, a prime Chicago location, and steady rental income, making it a smart choice for investors looking to capitalize on the booming multifamily market.

Listing Courtesy of MRED as distributed by MLS Grid of Jameson Sotheby's Intl Realty



Based on information submitted to the MLS GRID as of 2025-04-19 01:45 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-19 01:45 PM UTC
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