Listed by EXP Realty, eXp Realty
$1,690,000
7441 N Rogers Avenue
Details
APN 11304130070000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 6
Cap Rate 5.42%
NOI $91,568
Year Built 2021
Stories 3
Acreage 0.150
Zoning MULTI
Newer Construction | 6 Units | 7%+ pro forma CAP
Marketing 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.
Investment highlights
100% occupied: All six units leased
New construction: Built in 2021, meaning minimal deferred maintenance and modern systems.
Clean unit mix: Six identical 2 BR / 1 BA units simplify management and turnover.
Staggered, in-place leases: Most leases run into 2027, providing predictable income.
Transit-oriented: One block to Jarvis Red Line; walkable to retail, parks and the lake.
Listing Contacts
Listed by EXP Realty, eXp Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,568.00
$7,630.67/mo
Valuation Metrics
0
DSCR
5.42%
Cap Rate
5.42%
ROI
Map
Zoning
RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 49 uses
View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?









































