1956 W Fletcher St - Apartments FOR SALE


Chicago, IL 60657- Roscoe Village
$1,800,000 USD
773-293-5046
1956 W Fletcher St, Chicago, IL for Sale
$1,800,000 USD
Apartments - FOR SALE
1/6
null | 4.84% Cap Rate

1956 W Fletcher St
Chicago, IL 60657
Roscoe Village


HIGHLIGHTS

  • Value-Add 7-Unit Deal
  • Roscoe Village Walk-Up Building
  • Mostly 2 Bed / 1 Bath Apartments
  • 0.5 Miles to Lincoln Avenue Commercial Corridor
  • 0.7 Miles to Paulina Brown/Purple Line CTA Station

OVERVIEW

Kiser Group has been exclusively engaged to market for sale 3137 N. Damen / 1956 W. Fletcher, a seven-unit corner walk-up building located in Chicago’s Roscoe Village neighborhood. Ideally situated on a picturesque tree-lined residential street, the property is just steps from Hamlin Park, approximately 0.7 miles from the Paulina CTA Brown/Purple Line station, and 0.5 miles from the bustling Lincoln Ave retail corridor. 3137 N. Damen offers an appealing unit mix of five (5) 2 bed / 1 bath apartments, one (1) 1 bed / 1 bath, and one (1) studio apartment. Each features in-unit furnaces, generous layouts, varying finish levels, and desirable vintage charm. Additional property amenities include two on-site garage parking spaces and shared laundry facilities. New ownership can add value by completing additional cosmetic upgrades, adding laundry, and moving rents to market. Located in Roscoe Village, one of Chicago’s most desirable and supply-constrained rental submarkets, the property benefits from exceptional neighborhood amenities, strong walkability, and consistent tenant demand. Its proximity to transit, retail, and entertainment positions 3137 N. Damen as a rare opportunity to acquire a well-located, multifamily asset with long-term upside in a high-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

7

PRICE/UNIT

$257,143

CAP RATE

4.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RT-4

APN/PARCEL ID

14-30-200-020-0000

ASK ABOUT THIS PROPERTY

Katie LeGrandKiser GroupMore Info
773-293-5046

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Katie LeGrandKiser GroupMore Info
773-293-5046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.