$1,600,000

beds

baths

half bath

1062 W Columbia Avenue

Chicago, Illinois 60626

Closed / MLS #12432702 / Multiple Unit (2-4) / Rogers Park

Listing information updated 9/15/2025 at 4:43pm

Amazing opportunity to own an oversized 4-unit building on a dead-end street. The building sits on a 37 x 175 lot that is 100 feet from a public beach on Lake Michigan (here the waves crash from the back decks). Just steps off Loyola Campus-easy access to the Metra, L train, and Lake Shore Drive. Lease dates-Garden Mnoth to month @ 2425; unit 1-8/26 @ 3950; unit 2 - 2/28/26 @ 3750; unit 3 - 10/25 @ 3750. 166500 in rent a year. Units can be upgraded-tons of room for the rents to grow. All the units have full kitchens, in-unit laundry, forced heat, and central AC. large bedrooms and a large common family room. Units 1 to 3 have back decks. Parking in the back for up to 8 (tandem parking). All brick building. The owner covers electricity and heat with the rent. (legal 4 units w. all the elcectirc and gas seperate - owner pays them as part of rent) Gas for 2024 was 6915; electric for 24 was 7096; 2024 water was approx. 3k; 24 insurance was 5306- No garbage fees. 126k net after all expenses. The roof was changed in 2024, and all the mechanicals have been updated since 2021. Look at addition tab for info plus cap rate sheet (7.8% true cap rate)

Full Features

Exterior Type:

Brick,Block,Masonite

Basement:

Finished,Exterior Entry,Partial

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

71-80 Years

Roof Type:

Rubber

Parking Type:

Assigned,On Site,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Taxes & Assessments

Tax Amount:

$18,873

Tax Year:

2023

Location

Zip Code:

60626

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick,Block,Masonite

Basement:

Finished,Exterior Entry,Partial

Beds Above Grade:

Heating System:

Natural Gas

Pool:

Age:

71-80 Years

Roof Type:

Rubber

Parking Type:

Assigned,On Site,Owned

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Tax Amount:

$18,873

Tax Year:

2023

Zip Code:

60626

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Jameson Sotheby's Int'l Realty

Listing Office Phone: 312.751.0300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/15/2025 at 4:43pm. 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. Some listings have been excluded from this website.

Rogers Park, IL

Located on the northern edge of the city, Rogers Park is a worldly community that has a vibe all its own. The neighborhood features legendary restaurants and shops that highlight a variety of cultures, along with popular dive bars, coffee shops, scenic beaches and more than 30 parks. Residents love...

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CTA

Red line at Loyola

Metra

Union Pacific North line at Rogers Park Metra

$340,559

Average Sale Price

Average Days On The Market

100%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.