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$818,900
12773146 MLS ⋅ NEW Status
6915 S. Peoria is a newly renovated, 5-unit apartment building located on an excellent block in Chicago's up & coming Englewood neighborhood. This asset has undergone a full renovation in 2025 & 2026. The scope of work includes (among other things) 5 new GFA/ACs, 2 new tankless hot water heaters, new appliances and a new roof. The Projected cap rate will be in-excess of 13 pct and the unit mix of this property is truly unique and is composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Eisenhower Expressway is a 4-minute drive due South. 6th Ward Alderman Roderick Sawyer runs the show.

6915 S Peoria Street, Chicago

$937,000
12772293 MLS ⋅ NEW Status
Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 8.86. Expenses total $30182. Net income $75538. Cap rate of 8%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact Norbert Mika. See broker remarks for contact information. Text or email preferred. Do not contact Matthew Mika.

5259 W Montrose Avenue, Chicago

$937,000
12772286 MLS ⋅ NEW Status
Heart of Portage Park area. Park is literally 2 blocks south of the property. Building consists of 2 stores and 4 apartments plus a 3-car detached garage. All apartments have updated kitchens and baths. Stores are a beauty shop on the corner about 1200 square feet leased till May 2028 at $1450. per month. Store to the east about 1100 square feet is an art studio leased till September 2027 at $1125. per month. Both stores are under rented. Stores were at one time combined and served as a large grocery store and can easily be done again. Apartments in front are 5 room 2 bedroom depending on use can be 3 bedroom. rented at $1540. and $1850. Two apartments in the rear are 4 room one bedroom leased for $1105. and $1140. 3 car garage and part of basement are rented to a contractor for $600. per month. Total income $8810 per month or $105720 yearly. Gross multiplier 8.86. Expenses total $30182. Net income $75538. Cap rate of 8%. Newly coated roof with silicone newer boiler heating system and hot water tank. Any questions, concerns or comments regarding this listing please contact: Norbert Mika Text or email preferred. Do not contact Matthew Mika. See broker remarks for contact information.

5257 W Montrose Avenue, Chicago

$1,099,000
12771544 MLS ⋅ NEW Status
Investors, stop scrolling through soul-crushing suburban beige boxes and feast your eyes on this all-brick, 5-unit corner-lot masterpiece on the Northside! This building is in fantastic shape and is practically a license to print money, featuring most units already modernized with sleek new kitchens, baths, and flooring, plus the luxury of separate, brand-new HVAC systems for every tenant so they can finally stop fighting over the thermostat. You'll be living the high life as a laundry tycoon since you own the machines, and the 3-car garage is essentially a high-yield, four-walled ATM collecting rent while you sleep. With upgraded electrical panels, you can keep this as a cash-flowing rental portfolio or convert it into condos and become the neighborhood hero (or villain). Don't miss out on this gem.

3758 N Sawyer Avenue, Chicago

$2,150,000
12770199 MLS ⋅ NEW Status
Excellent investment opportunity at 5644 N California Avenue! This well-maintained, newer-construction 6-unit multifamily building offers an attractive opportunity for investors looking to add a strong income-producing asset to their portfolio or buyers seeking a potential 1031 exchange property. The building features six spacious units with desirable layouts, quality finishes, in-unit laundry, individual HVAC, outdoor space, and on-site parking. Tenants are responsible for their own utilities, helping keep owner-paid operating expenses manageable. The property has been thoughtfully maintained, with the owner utilizing a dedicated GC for ongoing maintenance and improvements. Recent capital and turnover work have included some appliance and mechanical replacements, railings, as well as roof and tuckpointing work. With a desirable unit mix, and the potential to benefit from future rent growth, this is an appealing long-term investment. Ideal for a seasoned investor, portfolio buyer, or 1031 exchange purchaser looking for a quality Chicago multifamily asset. Conveniently located near shopping, dining, transportation, parks, and neighborhood amenities. Please inquire for rent roll, operating expenses, and additional investment information.

5644 N California Avenue, Chicago

$4,100,000
12770010 MLS ⋅ NEW Status
Exceptional boutique multifamily investment prominently positioned in Chicago's highly desirable East Humboldt Park neighborhood. Completed in 2016, this newer-construction property comprises eight luxury apartments, including six two-bedroom units and two expansive four-bedroom duplexes. All the units feature thoughtfully designed floor plans with spacious, open-concept living areas, abundant natural light, and private balconies overlooking Humboldt Park. The property also features eight on-site parking spaces, including five indoor and three exterior spaces. Each apartment features high-end interior finishes, including custom kitchens with quartz countertops, oversized islands, stainless steel appliances, custom cabinetry, spacious primary suites, designer bathrooms with oversized glass-enclosed showers, in-unit laundry, gas fireplaces, and individually controlled HVAC systems. Surrounded by a growing collection of restaurants, cafes, breweries, entertainment venues, and boutique retail throughout East Humboldt Park, Wicker Park, and Ukrainian Village.

2835 W Division Street, Chicago

$2,400,000
12761599 MLS ⋅ ACTIVE Status
Rare Andersonville/Lincoln Square Jumbo 6-Unit Investment Opportunity! Exceptionally spacious, condo-quality units, extensive improvements, and an outstanding location make this a truly special multi-family property. The building features four oversized 2-bedroom, 1-bathroom units plus two expansive 3-bedroom, 2-bathroom duplexes. All six units are fully rented, providing immediate income, while current rents offer an attractive opportunity for future upside. With many major improvements already completed, this is a turn-key investment ready for its next owner. These enormous units are filled with character and thoughtful details, including gorgeous crown molding, 6-inch baseboards, hardwood floors throughout, decorative fireplaces in the living rooms, and large separate dining rooms off the kitchens. Updated kitchens feature granite countertops, stainless steel appliances, and built-in hutches. All units feature central HVAC. The two duplex units offer in-unit side-by-side washers and dryers and large lower-level family rooms, providing exceptional additional living space. The four simplex units are served by convenient coin-operated laundry. The property has benefited from numerous improvements over the years, including a major update approximately 20 years ago and many additional updates within the past several years. Major capital improvements include a new tear-off roof approximately 2 years ago, rebuilt parapet walls, 400-amp electrical service, copper plumbing throughout, a 160-gallon high-efficiency water heater installed in 2014, and furnaces replaced approximately 5 years ago. The property also includes a 4-car brick garage with rebuilt trusses and a newer rubber roof. Ideally located between Andersonville and Ravenswood/Lincoln Square, the property is within easy walking distance of the vibrant Foster/Clark corridor, offering an outstanding selection of restaurants, cafes, shops, retail, and entertainment. Convenient access to public transportation and Lake Michigan further enhances this highly desirable location. A rare opportunity to acquire a jumbo 6-unit building with enormous, character-filled units, fully occupied apartments, below-market rents with potential for future growth, significant capital improvements, and a 4-car garage. A truly turn-key investment in one of Chicago's most sought-after neighborhoods.

1723 W Foster Avenue, Chicago

$950,000
12767352 MLS ⋅ ACTIVE Status
Prime Value-Add investment opportunity in nice South Shore neighborhood. 4.95 Gross Rent Multiplier, 10.5 CAP. 12-unit m/u property, comprised of (9) 2 Bedroom/1Bath Units, and (3) 3 Bedroom/1 Bath units. Two 6-unit brick buildings, with center entrances front and back, with rear parking. Each unit with large bright living room, 2 or 3 full bedrooms, dining/family room, and separate kitchen with pantry and leading to back enclosed porch. Over half of the apartments have been completely remodeled to leverage higher market rents. New owner can complete rehab of additional units and leverage appreciation of market rents, or easily convert all remaining 2 bedrooms into 3 bedrooms. The opportunity is here to step into cash flow on day one and to also improve overall performance through leasing and management. Conveniently located a short distance from public transportation, including Metra, beautiful Lake Michigan, and surrounded by numerous grocery stores and shops. This multifamily opportunity offers immediate value-add potential from the moment of acquisition.

7839 S Kingston Avenue, Chicago

$1,925,000
12758275 MLS ⋅ ACTIVE Status
Finally available! Where the Hot Bronzeville/Woodlawn/Kenwood/Hyde Park Neighborhoods intersect sits this "Value-Add" 7 Unit investment opportunity. 4 Units, now vacant, have been Occupied by family members for several decades with the 3 remaining units on MTM/ below market rentals. Many of the original features are still intact: Pocket Doors, Paneled Walls, Butlers Pantry, Built in China Cabinets and Bookcases, French Doors, Cofferred Ceilings, Decorative Fireplaces, Tile floor staircases, Sunrooms, Jack and Jill Baths, Crown Molding! With a newer roof, central stairwell skylight and updated circuit breakers, the Building has 'Great Bones', making it a fabulous candidate for Value Add updates and cosmetic work, optimizing rentals to current market rates. Easy Access to Public Transportation, University of Chicago and the University of Chicago Medical Center, the Obama Library and the Lakefront.

4711 S Greenwood Avenue, Chicago

$1,500,000
12765763 MLS ⋅ ACTIVE Status
NEW PRICE -- MAJOR VALUE OPPORTUNITY: Prime Chicago Commercial Investment Opportunity: Edgebrook Market multi-tenant neighborhood retail strip center located at 5337-5353 W Devon Ave. Repriced to $1,500,000, this single-story commercial property features 7 highly visible units with one divisible vacant storefront. Investment Highlights:Immediate Value & Upside: Strong current cash flow with upside potential upon lease-up of the sole 2,400 SF vacancy (Suite 5347). Low-Management Structure: Fully operational with tenant expense pass-through arrangements that minimize landlord overhead. Favorable Zoning & Location: Robust B3-1 zoning supports a diversified, recession-resilient mix of long-standing service, fitness, and restaurant tenants. Corner lot with direct frontage on high-traffic Devon Ave, 14 dedicated parking spaces, and rear alley logistics access. Perfect for 1031-exchange or portfolio investors seeking verified potential in Edgebrook.

5337 W Devon Avenue, Chicago

$1,699,000
12764493 MLS ⋅ ACTIVE Status
A unique opportunity to own a six-unit property in the heart of Chicago's East Village neighborhood. The property features a beautiful brick four-unit building complemented by a separate two-unit coach house tucked in the back, offering a distinctive mix of vintage character, functional layouts, and a strong rental potential. The property includes four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. The units retain their vintage charm and character, while the kitchens in the main building have been renovated to provide modern functionality. The location also does a lot of heavy lifting - restaurants, cafes, and shops just steps from the front door, with the blue line just a few blocks away for an easy commute downtown and beyond. This is the neighborhood people want to live in, and the kind of location that continues to attract renters. Even better? All six units are currently rented below market value, given a clear opportunity to grow rental income over time. Whether you are looking to add a distinctive property to your portfolio, take advantage of existing rental demand, or unlock the upside in a well-located asset, this one has plenty to work with.

862 N Marshfield Avenue, Chicago

$1,100,000
12765401 MLS ⋅ ACTIVE Status
Located directly across from Cinespace Chicago Film Studios in the rapidly developing Douglas Park neighborhood, this legal 7-unit property presents a rare investment opportunity with strong income potential and owner-occupant flexibility. The property consists of a spacious single-family home plus a well-maintained 6-unit apartment building, blending classic Chicago character with modern updates throughout. The single-family residence features 4 bedrooms and 2 full bathrooms, hardwood flooring throughout, a combined kitchen and dining area, central HVAC, and basement washer/dryer hookups. A gated rear parking pad provides secure off-street parking and can also function as a private patio space, adding extra value for tenants or an owner-occupant. The neighboring 6-unit building is comprised entirely of updated 2-bedroom, 1-bathroom apartments. Each unit has been renovated within the past few years with newer flooring, updated kitchen cabinetry, appliances, lighting fixtures, and ceiling fans. Additional income is generated through the on-site coin laundry located in the basement. Tenants are responsible for all utilities except water, helping to minimize operating expenses. Ideally situated within walking distance to Mount Sinai Hospital, Douglass Park, public transportation, and the CTA Pink Line station, this property offers convenience, accessibility, and long-term upside in one of Chicago's evolving investment corridors.

1448 S Rockwell Avenue, Chicago

$1,199,000
12765041 MLS ⋅ ACTIVE Status
This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today's renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.

460 W 28Th Place, Chicago

$1,700,000
12762329 MLS ⋅ ACTIVE Status
32-unit courtyard building in Chicago's Greater Grand Crossing submarket, offered at $1,700,000 ($53,125/unit | $75.89/SF). This 1925-built, ~22,400 SF brick courtyard property spans four entrances (7042, 7044, 7046, 7048) and delivers immediate in-place income with clear upside baked into the rent roll. Sub-$60K/unit basis with income already in place, as only two units require lease-up. Rents are meaningfully below market across the entire mix, giving a new owner a straightforward, low-risk path to NOI growth without a heavy capex program. Porches were replaced in 2007, with permitted repairs completed in 2019. Situated in Greater Grand Crossing, a renter-dominant submarket with strong transit reliance, supporting durable workforce rental demand - a large share of households have no vehicle and rely on transit for commuting. Healthcare and education anchor local employment, with the Loop as the largest commuter destination. The property sits within a short drive of University of Chicago, UChicago Medicine, Jackson Park, the DuSable Museum, and the Obama Presidential Center, with everyday retail (Walgreens, ALDI, Dunkin', Subway, Mobil) all within a mile. Offering Memorandum with staged interior photos available upon request.

7042 S Michigan Avenue, Chicago

$1,450,000
12761705 MLS ⋅ ACTIVE Status
Welcome to 838 N. Wolcott Avenue (the "Property"), a light value-add multifamily asset ideally positioned in the heart of Chicago's highly sought-after East Village / West Town neighborhood. Situated just north of the vibrant Chicago Avenue retail corridor, the Property offers investors the rare opportunity to acquire a well-maintained, cash flowing asset with meaningful rental upside in one of Chicago's strongest and most supply-constrained rental submarkets. The Property consists of three (3) 2 Bed / 1 Bath + Den units and two (2) 1 Bed / 1 Bath + Den units. These spacious floor plans are uncommon within the surrounding submarket and appeal to a broad tenant base seeking larger living spaces, work-from-home flexibility, and convenient access to the neighborhood's retail and dining amenities. Current ownership has invested significant capital into both the building's physical structure and major mechanical systems. Recent improvements include a complete tear- off roof and tuckpointing in 2024, basement repairs and a new basement entry door in 2025, and a new central A/C condenser in 2024. Unit-level mechanical updates have also been completed throughout the Property, including a new water heater and washer/dryer in Unit 1F (2025), a new washer/dryer in Unit 1R (2026), a new water heater and washer/ dryer in Unit 2F (2024) along with a new refrigerator in 2025, and a new dishwasher and faucet in Unit 3F (2024) followed by a new water heater and washer/dryer in 2025. The rear units have been renovated with condo-quality finishes, featuring stainless steel appliances, espresso and white cabinetry, granite countertops, and hardwood flooring throughout. Positioned one block north of Chicago Avenue, residents are within walking distance of notable local and national destinations including Lush Wine & Spirits, Beatnik, Forbidden Root, Opart Thai House, Arami, Roots Pizza, West Town Bakery, and the Chicago Public Library. The Property also benefits from exceptional transit connectivity, located approximately 0.2 miles from both the Kennedy Expressway and the CTA Blue Line, providing seamless access to Downtown Chicago, O'Hare International Airport, and surrounding neighborhoods. With its premier West Town location, oversized floor plans, recent capital improvements, and clear path to future rent growth, 838 N. Wolcott Avenue represents an exceptional opportunity to acquire a stable, operationally efficient multifamily asset with long-term upside in one of Chicago's most competitive rental markets.

838 N Wolcott Avenue, Chicago

$1,125,000
12760248 MLS ⋅ ACTIVE Status
4723-25 S. Vincennes Avenue is a six-unit plus one non- conforming multifamily investment opportunity located in the heart of Bronzeville, one of Chicago's most historic and rapidly evolving neighborhoods. Comprised of exceptionally large apartment layouts, the property features three 2-bedroom/1- bathroom units, three 3-bedroom + den/1-bathroom units, and one non-conforming garden unit consisting of a 2-bedroom/1-bathroom apartment. The asset presents a compelling value-add opportunity through interior renovations and strategic unit reconfiguration. Given the substantial unit sizes, investors have the ability to modernize the apartments while potentially adding additional bathrooms and creating more desirable 3-bedroom/2-bathroom layouts. Beyond the in-place rental upside, investors have multiple opportunities to further enhance value, including the potential to reconfigure the three oversized units, add additional bathrooms, and pursue a potential condominium conversion, subject to applicable zoning, approvals, and city requirements. The property also includes a non-conforming garden apartment that is currently leased and provides additional rental income. Combining below-market rents, substantial apartment layouts, and multiple value- add strategies, 4723-25 S. Vincennes Avenue presents an attractive opportunity to increase rental income and enhance the overall value of the asset in one of Chicago's established South Side neighborhoods.

4723 S Vincennes Avenue, Chicago

$1,300,000
12759814 MLS ⋅ ACTIVE Status
Great opportunity to acquire a completely renovated 7-unit property with a versatile mix of units and everything new throughout. The building includes a 3-bedroom/1-bath garden unit, one 2-bedroom/1-bath unit, three 3-bedroom/1-bath units, and two larger 3-bedroom/1-bath units. The property has undergone a comprehensive renovation with all work completed under permits, including new interiors throughout, a new roof and new rear porch. Each residence features updated kitchens and baths, stainless steel appliances, in-unit laundry, modern finishes, and central air creating a truly turnkey property ready for occupancy. With seven newly renovated units, multiple floor plans, and major building improvements already completed, this is an excellent opportunity for an investor looking for a high quality asset without the time and expense of a major renovation project.

140 W 66Th Street, Chicago

$1,925,000
12759845 MLS ⋅ ACTIVE Status
Proud to present 8602 S. Euclid, a yellow brick Tudor style 19 unit building located in the desirable south side neighborhoods of Avalon Park/Calumet Heights. All units are large 1bd's with separate dining rooms. Recent improvements include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler (2019), common area carpet (2022), painted stairwells, common area carpet in front and refinished steps and landings in rear stairwells, new electrical fixtures in front and rear stairwells, security cameras, security cameras (2020). Strong in place income of over 270k with room for growth. Quiet residential street but close to highway, parks and Lake Michigan

8602 S Euclid Avenue, Chicago

$899,900
12759705 MLS ⋅ ACTIVE Status
Phenomenal opportunity to acquire 3012 W. Warren Blvd, a professionally managed 7-unit brick multifamily property in Chicago's East Garfield Park neighborhood with ideal RT-4 zoning. The building features a unit mix of (1) studio, (4) one-bedroom units, and (2) two-bedroom units, along with on-site laundry. The property provides immediate rental income with additional upside through rent growth, strategic improvements, and the potential conversion of existing one-bedroom unit into a two-bedroom layout. Rarely vacant units with quick turnaround. An attractive combination of affordability, tenant demand, and long-term income stability. Located just west of the United Center and the planned 1901 Project, the property is positioned near a major mixed-use redevelopment expected to bring new residential, retail, entertainment, hospitality, and public-space investment to the surrounding area. Perfect opportunity for investors seeking scale, value-add potential, and appreciation on Chicago's West Side.

3012 W Warren Boulevard, Chicago

$1,400,000
12748590 MLS ⋅ ACTIVE Status
BUCKTOWN MULTI-UNIT INVESTMENT OPPORTUNITY ON ARMITAGE AVENUE! Rare opportunity to own a distinctive greystone building in the heart of Bucktown. The property is a legal five-unit building with an additional non-conforming basement unit, offering six residential units in total: four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Each unit features central air conditioning and forced-air heat. Additional improvements include a new concrete parking pad and new fencing, providing valuable off-street parking and enhanced exterior appeal. Ideally located near Bucktown's restaurants, shopping, entertainment, transportation and parks. An excellent opportunity for investors seeking multiple income-producing units in one of Chicago's most desirable neighborhoods.

2135 W Armitage Avenue, Chicago

$2,050,000
12753317 MLS ⋅ ACTIVE Status
Set on a quiet, tree-lined block in the heart of Logan Square, 2838-40 North Albany Avenue is a 1911 vintage brick eight-unit with a rare mix for the neighborhood - four true two-bedrooms and four one-bedrooms across 6,400 square feet. 6 of 8 interiors have been updated over time with quartz counter tops, stainless steel appliances and dishwashers, hardwood floors and refinished baths, while original exposed brick and radiator heat keep the vintage character intact. The location does the heavy lifting: minutes from the CTA Blue Line at Logan Square and Belmont, the Milwaukee and Fullerton retail corridors, and the Kennedy. Current gross rents are over $188k annually - a 10.9 GRM and 6.09% cap rate in place, with additional upside through bringing rents to market and renovating the remaining 2 units. Water heater is newer, boiler was installed in 2015 and roof is ~15 yrs old.

2838 N Albany Avenue, Chicago

$2,000,000
12749048 MLS ⋅ ACTIVE Status
2500 W Walton features a brick 6-unit residential building with significant value-add potential. The property includes five 2-bedroom units and one 3-bedroom unit. Two units are currently occupied at below-market rents, while four units are vacant, providing an incoming owner the opportunity to renovate, reposition, and lease at current market rents. 2504 W Walton is a standard 25' x 125' adjacent lot improved with a brick garage, offering additional rental income potential. Excellent West Town location near dining, public transportation, parks, and neighborhood amenities. Properties are being sold together strictly AS-IS, WHERE-IS. Seller and listing broker make no representations or warranties regarding zoning or code compliance, legal use or unit count, or the future development or independent buildability of 2504 W Walton. Buyer is solely responsible for conducting all due diligence and verifying zoning, permitted use, development potential, and applicable municipal requirements prior to purchase.

2500 W Walton Street, Chicago

$1,450,000
12758488 MLS ⋅ ACTIVE Status
Rare Little Italy/University Village multifamily investment opportunity at 827 S Carpenter Street. The property features five residential units, approximately 4,575 SF of building area on a 2,500 SF lot, and RT-4 zoning. Ideally located near UIC, Taylor Street, the Illinois Medical District, public transportation, restaurants, and neighborhood amenities. Strong rental history with additional income from on-site coin laundry. All units are currently leased through July 31, 2027. City of Chicago Certificate of Zoning Compliance reflects five dwelling units. Property is being sold subject to existing leases. Please do not disturb tenants. Proof of funds or pre-approval required prior to scheduling showings. Buyer to independently verify zoning, unit configuration, square footage, and all property information.

827 S Carpenter Street, Chicago

$1,625,000
12756947 MLS ⋅ ACTIVE Status
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.

7441 N Rogers Avenue, Chicago

$1,925,000
12755955 MLS ⋅ ACTIVE Status
Welcome to 1425 N. Campbell Avenue (the "Property"), a six- unit multifamily investment opportunity located in Chicago's highly desirable East Humboldt Park neighborhood. Comprised of a red brick walkup and separate coach house, the Property offers investors a rare opportunity to acquire a recently renovated, turnkey asset with strong in-place cash flow and meaningful rental upside in one of Chicago's fastest- growing rental submarkets. The Property consists of three (3) 2 Bed / 2 Bath apartments within the front building and three (3) 1 Bed / 1 Bath apartments within the rear coach house. The unit mix provides an attractive combination of one-bedroom and two-bedroom floor plans that appeal to a broad tenant base, supporting strong occupancy and long-term rent growth. Both buildings underwent extensive gut renovations in 2021 and feature modern finishes and updated building systems, creating a low-maintenance investment opportunity with limited near- term capital expenditure requirements. Despite the recent renovations, the Property offers investors the opportunity to further increase rents to market levels. The combination of below-market rents, strong neighborhood fundamentals, and continued demand for renovated apartments in the area creates a compelling path for future NOI growth and value appreciation. Additionally, the Property benefits from separately metered utilities, minimizing landlord expense obligations and creating an efficient operational structure that enhances overall cash flow predictability. Ideally situated in East Humboldt Park, residents enjoy convenient access to some of Chicago's most vibrant dining, entertainment, and retail destinations throughout Wicker Park, Ukrainian Village, West Town, and Logan Square. The Property also benefits from exceptional connectivity to public transportation and major thoroughfares. The CTA Blue Line at the Damen Station is located approximately 0.8 miles from the Property, providing direct access to Downtown Chicago, O'Hare International Airport, and the northwest side. Nearby CTA bus routes along Western Avenue, North Avenue, and Damen Avenue further enhance accessibility throughout the city. With its desirable unit mix, extensive 2021 renovations, operational efficiency, rental upside, and premier East Humboldt Park location, 1425 N. Campbell Avenue represents an exceptional opportunity to acquire a stabilized, cash-flowing multifamily asset with significant long-term appreciation potential in one of Chicago's most dynamic and evolving neighborhoods.

1425 N Campbell Avenue, Chicago



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