Connect CRE Chicago

Becovic Adds More Rogers Park Apartments to Portfolio

September 20, 2021

Essex Realty Group recently facilitated the sale of 1649 W. Jonquil Terr. in the North Side’s Rogers Park neighborhood. This 36-unit courtyard building contains a mix of studio and two-bedroom apartment units, along with 2,000 square feet of ground-level commercial space.

Essex director Matt Feo represented the seller, a local investor, in this off-market transaction. The property sold to Becovic, which owns and operates several apartment properties on the North Side, for $3,850,000. Feo also represented Becovicr in this transaction.

“We love the north of Howard area of Rogers Park,” said Sal Becovic. president at Becovic. “We are excited to add The Jonquil Terrace to our other north of Howard communities.”

The property is situated less than half a mile west of Rogers Park Beach and Lake Michigan. The Howard Red, Purple and Yellow CTA station is conveniently located just one block south of the property.

Since 1990, Essex Realty Group, Inc. has served Chicago’s investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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