$1,690,000

7441 N Rogers Avenue, Chicago, IL 60626

  • 5,017 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $337/sqft
  • Property List Date Icon Listed 13 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
July 7, 2026 at 7:19AM
Listing Office:
eXp Realty : 773-630-9205
Listing Agent:
Michael Scanlon : 773-630-9205
MLS ID:
12685746
  • A/C: Central Air
  • Originating MLS: mred
  • County: Cook
  • Zoning: MULTI11304130070000
  • Source: mred

This listing courtesy of Michael Scanlon , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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