Essex Realty Group, Inc. has been exclusively engaged to market for sale 1415-1417 W. Morse Ave., a 17-unit mixed-use building located in Chicago’s Rogers Park neighborhood. The building consists of three studios, eleven one bedrooms, and three retail spaces. In addition, there is ample parking in the rear of the building with four, two-car garages and nine exterior parking spaces.
The units include laminate countertops, oak cabinetry, white appliances, individual furnaces, and hardwood floors.
Zoning approval has been granted to add 16, 1Bd/1Ba apartments and a 9 car parking garage on the rear portion of the parcel. More information is available upon request.
1415-1417 W. Morse Ave. is located steps from the CTA Red Line and just over half a mile from the Metra UP-N train station.
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 property is conveniently located next to the vibrant Glenwood Ave. Arts District, where the street is transformed into a pedestrian-friendly zone for outdoor dining.
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.
- 17-Unit Mixed-Use Building in Rogers Park
- Unit Mix: (11) 1Bd/1Ba, (3) Studios, (3) Retail
- 17 Parking Spaces
- Zoning Approval to Build 16 Units
- Steps from CTA Red Line
- Three Blocks from Lake Michigan