04/13/2025
Coming Soon from ROC Advisory Group
Exclusive Investment Opportunity in Prime West Town Location
ROC Advisory Group is excited to introduce an exceptional mixed-use property hitting the market on Monday, April 21, 2025. Perfectly positioned just off Grand Avenue in the heart of West Townโonly one block north of the booming Fulton Market Districtโthis rare corner-lot offering features unobstructed city views and is surrounded by new development projects.
The property includes:
โข Three spacious residential units (Two-upper unitsโ gut-renovated in 2021. Currently on month-to-month below market leases. Legal garden unit, currently offline & needs to be renovated)
โข One commercial space with a long-term tenant (lease active from 2013 through 2033)
Whether you're looking to purchase the perfect multi-unit to live in (house-hack), expand your investment portfolio or secure a high-performing asset in one of Chicagoโs most dynamic neighborhoods, this is an opportunity you wonโt want to miss.
Property Highlights:
โข Sale Price: $1,100,000
โข Taxes (2023): $12,583.34
โข Units: 4 (3 Residential + 1 Commercial)
โข Price Per Unit: $275,000
โข Gross Rent Multiplier (GRM): 10.81
โข Stabilized Gross Rent Multiplier (GRM): 9.97
Why West Town?
West Town is one of Chicagoโs most sought-after neighborhoods, bordered by Wicker Park, East Village, Noble Square, and Ukrainian Village. Rich in history and culture, the area has evolved into a vibrant urban hub with tree-lined streets, charming architecture, and close- proximity to downtown. In fact, Redfin once named Ukrainian Village the hottest neighborhood in the U.S.โa testament to the area's undeniable appeal.