ON MARKET - MULTI-FAMILY
1235 W. Greenleaf Ave. Chicago, IL 60626
NEIGHBORHOOD
Rogers Park
PRICE
$6,800,000
NUMBER OF UNITS
37
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale 1235 W. Greenleaf Ave., a 37-unit vintage courtyard apartment building located east of Sheridan Rd. in Chicago’s Rogers Park neighborhood. Situated steps from Lake Michigan, the Property consists of 25 one-bedroom/one-bath units and 12 two-bedroom/one-bath units. Apartments feature a mix of updated and vintage finishes. Updated units include granite countertops, stainless steel appliances, and updated baths, while vintage units feature laminate countertops and black and white appliances. All units feature hardwood floors, are heated by a central boiler system, and have access to two laundry rooms (two washers and two dryers in each).

1235 W. Greenleaf Ave. provides a new owner with the opportunity to acquire a well-located vintage building with exceptional value-add potential. The building is situated 0.5 miles from the CTA Red Line at Morse, as well as neighborhood dining, retail, and entertainment options along Morse and Sheridan.

LOCATION DETAILS

Rogers Park is Chicago’s northernmost lakefront neighborhood. Spanning from Devon Avenue to Howard Street, Rogers Park is home to more than 55,000 residents, 72% of whom are renters. The neighborhood offers a vibrant mix of local restaurants, arts venues, and walkable amenities that appeal to a broad tenant base. Its proximity to Loyola University and the lakefront, combined with multiple CTA and Metra stations, supports strong, stable rental demand. In addition, Rogers Park has virtually no new market-rate housing developments in its pipeline, unlike Chicago’s other lakefront neighborhoods, adding a layer of protection to apartment investors.

HIGHLIGHTS
  • 37 units with 25 1Bd/1Ba and 12 2Bd/1Ba
  • Steps from Lake Michigan and 0.5 miles to Morse Red Line
  • Mix of updated and vintage units with value-add potential
LISTING BROKERS
Principal
847.732.9090
Principal
773.484.8866
Associate
773.892.9041