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33875606
33875625

7441 N Rogers Avenue, Chicago, IL 60626

JF
IL IL 475.181407, 475181407
EXP Realty
eXp Realty
Listed by EXP Realty, eXp Realty
$1,690,000
7 days on market
Updated 0 days ago

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.

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Listing Contacts

JF
IL IL 475.181407, 475181407
EXP Realty
eXp Realty
Listed by EXP Realty, eXp Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$91,568.00
$7,630.67/mo

Valuation Metrics

0
DSCR
5.42%
Cap Rate
5.42%
ROI

Map

Zoning

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RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jake Fugman
License
IL 475.181407
Brokerage
eXp Realty LLC
Brokerage Phone
6303797464
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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