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    Mixed-Use Apartment and Retail Building Title is generated by Realmo AI

    5944 W Roosevelt Rd & 1054 S Mason Ave, Chicago, IL 60644

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    New
    For Sale
    $3,750,000

    Rare opportunity to acquire a 50-unit mixed residential and retail portfolio with recent mechanical and exterior updates.

    Type:Multifamily
    Added:
    Jun 1, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 3 at 2:41 am

    Property Features for 5944 W Roosevelt Rd & 1054 S Mason Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1925

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    Listing Contact
    Carson McDaniel

    Listing agent Carson McDaniel License ##475.185949

    Listing office

    Listing date Jun 1, 2026

    Source Kisergroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Carson McDaniel

    HighLights

    • Two Chicago West Side multifamily properties: 38‑unit mixed‑use at 5944 W. Roosevelt and 12‑unit walkup at 1054 S. Mason (50 total units).
    • Unit mix across the portfolio: 16 2BD/1BA, 19 1BD/1BA, 8 studios, plus 7 retail units.
    • Newer individual furnaces and hot water tanks.
    • Exterior upgrades include new porches (2023–2024).
    • Updated copper plumbing and updated electric.
    • Located a few blocks from the Blue Line “El” station at Austin and near Columbus Park.

    Overview

    This offering pairs two income properties in one purchase: a 38-unit mixed-use building and a 12-unit walkup property. The 38-unit component includes a mix of unit types—sixteen 2Bd/1Ba units, nineteen 1Bd/1Ba units, and eight studios—along with seven retail spaces. Recent capital improvements include newer individual furnaces and hot water tanks, updated electrical, updated copper plumbing, and new porches completed in 2023–2024.

    Both properties are positioned in Chicago’s West Side’s highly sought-after pocket known as “The Island.” The buildings sit just a few blocks from the Chicago Blue Line “El” station at Austin and near Columbus Park, which offers ball fields, a theater, a pool, and a golf course.

    For investors and operators, the combination of apartment inventory with on-site retail supports multiple income streams while still offering a straightforward residential ownership structure. The updated mechanical systems and refreshed exterior elements can help reduce near-term turnover and maintenance exposure. This is a rare 50-unit chance in a tight submarket, suited to buyers seeking scale and a balanced mix of living and retail revenue.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7707995
    Latitude
    41.78427

    FAQs

    What type of property is this?
    Apartment building - Rare opportunity to acquire a 50-unit mixed residential and retail portfolio with recent mechanical and exterior updates.
    Where is this apartment building located?
    The property is located at 5944 W Roosevelt Rd & 1054 S Mason Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Two Chicago West Side multifamily properties: 38‑unit mixed‑use at 5944 W. Roosevelt and 12‑unit walkup at 1054 S. Mason (50 total units).; Unit mix across the portfolio: 16 2BD/1BA, 19 1BD/1BA, 8 studios, plus 7 retail units.; Newer individual furnaces and hot water tanks.
    More about this property
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