2201 Roscoe StChicago, IL 60618

Property Details for 2201 Roscoe St

Year built

1900

Construction

FRAME

Lot size

0.07 AC

Property size (Sq ft)

3,420 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

14-19-319-011

APU

1419319011

Description

This 1,000 square foot storefront at 2201 W. Roscoe St in Chicago, IL, offers a fantastic opportunity for retail businesses. Located in the vibrant Roscoe Village neighborhood, this property boasts high visibility on a pedestrian-friendly street known for its strong residential mix and lively community events. The B2-2 zoning allows for a variety of retail uses. The entire 1,000 square feet is currently vacant and ready for immediate occupancy. The property's prime location offers easy access to a diverse customer base, with nearby amenities including Mariano's, FedEx, Starbucks, Walgreens, and PNC Bank, all within a short walk. Roscoe Street itself is home to a thriving collection of established businesses, including Turquoise Café, Roscoe Books, Levant Coffee, and Le Sud Mediterranean Kitchen, creating a vibrant and attractive commercial environment. This corner storefront provides excellent visibility and foot traffic, making it an ideal location for a variety of retail concepts. The property is situated in Cook County, Illinois, with a zip code of 60618. This is a rare opportunity to establish a business in a highly desirable and well-established neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,276,551

  6.5%

  $1,178,355

  7%

  $1,094,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $690,455

  Geo Method

  $690,455

• Alternative Use

  Use

  Valuation

  Residential

  $1,178,355

  Hospitality

  $1,079,366

  Educational

  $898,020

  Medical

  $928,905

  Retail

  $1,396,920

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9429

Longitude

-87.6835

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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