ON MARKET - MULTI-FAMILY
6500-04 North Bosworth Avenue Chicago, IL 60626
NEIGHBORHOOD
Rogers Park
PRICE
$2,800,000
NUMBER OF UNITS
12
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale 6500-04 North Bosworth Avenue, a 12-unit walk-up apartment building situated on the corner of Bosworth Avenue and Arthur Avenue in Chicago’s East Rogers Park neighborhood.

The Property consists of nine (9) one-bedroom and three (3) two-bedroom apartments, featuring expansive floor plans and generously sized living spaces. Most units offer desirable features such as sunrooms, separate dining areas, and oversized layouts.

A substantial capital improvement program has recently been completed, representing a significant investment in apartment interiors and major building systems. Renovations include updated kitchens, bathrooms, flooring, and additional interior improvements. Building-wide upgrades include window replacements, copper plumbing, and electrical system enhancements. Additional property amenities include enclosed porches and on-site coin-operated laundry.

6500-04 N. Bosworth Ave. offers investors a compelling value-add opportunity to increase existing rents to market levels and enhance property value.

The Property benefits from a desirable transit-oriented location, with convenient access to both the Loyola CTA Red Line and Rogers Park Metra stations, providing excellent connectivity to downtown Chicago and surrounding neighborhoods. Loyola University Chicago’s Lake Shore Campus and Lake Michigan beaches are also nearby, enhancing the Property’s appeal to prospective tenants.

LOCATION DETAILS

Known for its beaches, vintage apartments, cultural diversity, and Loyola University, Rogers Park is one of Chicago’s most robust lakefront communities. Just ten miles North of Chicago’s Central Business District, Rogers Park has convenient transportation to and from the city including four CTA “L” stops (Loyola, Morse, Jarvis, & Howard stops); one Metra Train stop at Lunt Avenue; five local bus lines; and the Howard Bus and “L” terminal which is the starting point for north suburban travel.

Rogers Park, boasting a population of just over 60,000 people, stretches along Lake Michigan between Devon and Howard and runs west to Ridge Avenue. The neighborhood is home to over 130 restaurants and just as many diverse retail offerings along its central corridors and quaint, tree-lined streets.

Also of great impact to the Rogers Park neighborhood is the explosive growth in enrollment at Loyola University. The University’s Lake Shore Campus is just steps away from the subject property and is home to over 16,000 students and 1,000 faculty members. Eighteen of Loyola University’s nineteen residence hall buildings are located in the Edgewater and Rogers Park neighborhoods, prompting established retailers and eateries to open convenient locations along the campus’ perimeter.

HIGHLIGHTS
  • Attractive 12-Unit Corner Walk-Up Multifamily Building
  • Extensively Renovated Apartments Featuring Updated Kitchens, Bathrooms, and Living Areas, Along with Significant Capital Improvements, Including New Windows, Upgraded Electrical Service, and Copper Plumbing
  • Desirable Unit Mix Featuring Nine (9) One-Bedroom and Three (3) Two-Bedroom Apartments
  • Spacious Living Rooms with Enclosed Porches, with Many Units Featuring Separate Dining Rooms
  • Walking Distance to Loyola University's Lake Shore Campus, CTA Red Line Station, and Rogers Park Metra
LISTING BROKERS
Principal
847.373.6368
Associate
847.800.5864