6254 N Whipple St - Apartments FOR SALE


Chicago, IL 60659- West Rogers Park
$3,850,000 USD
312-477-0195
6254 N Whipple St, Chicago, IL for Sale
$3,850,000 USD
Apartments - FOR SALE
1/16
null | 6.78% Cap Rate

6254 N Whipple St
Chicago, IL 60659
West Rogers Park


OVERVIEW

"The Rosemont" located at 6254 N. Whipple Street, a fully gut-renovated 16-unit multifamily investment property in the West Ridge neighborhood. The Rosemont is a turn-key asset and consists of (16) large 2Bdr/1Ba apartments, each featuring condo-quality finishes, including stainless steel appliances, granite countertops, and in-unit laundry. The building boasts all new copper plumbing, electrical wiring, and fully modernized interiors. Additional improvements include all new windows & doors, insulation, upgraded boiler controls, an access control system, tuckpointing, and full steel lintel replacement. The property also generates additional income through 16 storage lockers, garage rentals, and optional high-speed internet for tenants at $50 per month, making this a low-maintenance and fully upgraded investment opportunity. The building is well situated just one block south of the Devon Avenue Corridor and provides convenient public transportation options for tenants with bus routes easily accessible via Devon and Kedzie.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

16

PRICE/UNIT

$240,625

CAP RATE

6.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,182 SF

ZONING

-

APN/PARCEL ID

13-01-110-019-0000

ASK ABOUT THIS PROPERTY

Brad FeldmanInterra RealtyMore Info
312-477-0195

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Brad FeldmanInterra RealtyMore Info
312-477-0195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.