The property is mixed-use, 2 commercial 2 apartments in the popular Roscoe village neighborhood on the north side of Chicago. Key Highlights: Retail - Fonseca Martial Arts: 1,250 sq. ft., 3 years remaining on lease with one 5-year renewal option. Owned and operated by John Fonseca, a world renowned karate champion. Retail - Urban Grind: 2,850 sq. ft. ground floor + basement. New 5-year lease with three 1-year renewal options. A holistic fitness center. Residential Units: Spacious two-bedroom units, individually metered for electricity, heat, and hot water. Easy value-add opportunity bringing up one of the units rents to market Location Proximity & Retail Amenities: 5 miles northwest of downtown Chicago, 1.1 miles from Paulina "L" Station, and close to major bus stops and interstates (90 and 94). Surrounded by national retailers like Target, Mariano's, Jewel-Osco, Wild Fork, Aspen Dental, 7-Eleven, and more. Significant investments in the adjacent intersection with new developments, including a 7-Eleven Gas Station and a retail strip center anchored by Wild Fork and Aspen Dental. Increased pedestrian traffic due to new developments. Unmatched Traffic Counts & Demographics: Over 15,100 vehicles/day on Belmont Ave and 35,800+ vehicles/day at the Belmont/Western intersection. Over 44,700 residents within a 1-mile radius (average household income 218,879) and 602,700+ residents within a 3-mile radius (average household income 156,654). All new windows placed 4 years ago (including new doors, first floor and second floor). First floor was done by Ashland glass, 2nd floor by Anderson. All water boilers were replaced about 7 years ago. The roof was replaced 6 years ago. No warranties. Do not disturb tenants

Listing Courtesy of MRED as distributed by MLS Grid of Horvath & Tremblay IL, LLC



Based on information submitted to the MLS GRID as of 2025-03-14 08:15 AM 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: 2025-03-14 08:15 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.