Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Rogers Park neighborhood of Chicago. The subject property of 2054 West Chase Avenue is located 11.5 miles north of Chicago's downtown loop area, 1.2 miles west of Lake Michigan, 0.8 miles west of the CTA's Jarvis Red Line train station, and 0.1 miles north of the CTA's Damen Avenue & Rogers Avenue bus 290 stop. The unit mix for the subject property consists of two two-bedroom one-bathroom units that measure 1,000 square feet, two three-bedroom two-bathroom units that measure 1,800 square feet, one three-bedroom two and a half bathroom unit that measures 2,000 square feet, and one four-bedroom three-bathroom unit that measures 2,200 square feet. Additionally, there are four garages and two outdoor parking spaces, accommodating parking for each unit.
An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to raise current rents to conform with the rental market.