Commercial Sale in Chicago

$1,625,000

7441 Rogers, 60626, Chicago, IL

Commercial Sale for sale in Chicago, 7441 Rogers, 60626

7441 Rogers, 60626, Chicago, IL

$1,625,000

Type: Commercial Sale

Description

Beautiful East Rogers Park Brick 6 Unit investment opportunity located in one of Chicago's most consistently desirable rental neighborhoods. This newer construction masonry building features six large two-bedroom, one-bath apartments and is fully occupied with a proven history of strong tenant demand. Residents enjoy an unbeatable location just blocks from Lake Michigan, the CTA Red Line, and the Rogers Park Metra station, providing convenient access to downtown Chicago, Evanston, Andersonville, Edgewater, and the surrounding North Side neighborhoods. Each apartment offers a modern layout with oversized bedrooms, abundant natural light, stainless steel appliances, in-unit laundry, central heating and air conditioning, and a dedicated parking space. The property's dedicated parking lot is a valuable amenity that continues to attract and retain tenants. With low operating expenses, well below market rents, and substantial rental upside, investors have a clear path to increasing returns over time. The property's projected 7.27% pro-forma cap rate highlights the opportunity to unlock additional value while benefiting from the stability of a fully leased, newer construction asset in a high-demand lakefront location.

Agent Information

Location

7441 Rogers, 60626, Chicago, IL

Data

Object TypeCommercial Sale
Purchase Price$1,625,000
Living Space0 m²
Plot Size624.4 m²
BathroomsN/A
Construction Year2020
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year2020
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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