Sold
Closed
7700 N Eastlake Terrace
Chicago IL, 60626
$3,450,000
Sold
Closed
Multi-family
Built in 1916
Courtesy of Compass
7700 N Eastlake Ter. - 7704 N Eastlake Ter., 7756-58 N Rogers Ave, is located in one of Chicago's Lakefront Neighborhoods, Rogers Park. This corner property consists of 19 residential units and 2 garage parking spaces. The apartment rental mix is comprised of (6) 3 bed/2 bath units, (6) 2 bed/1.5 bath units and (7) 1 bed/1 bath apartments. Each apartment has access to private balconies which overlook a courtyard. This classic Chicago brick, corner building has a premier, East of Sheridan location directly across the street from Lake Michigan, the Rogers Park Beach and the Rogers Beach Park Tennis Courts. The building's unique position on the block gives it an unobstructed view of the Lake, Beach and Park which can be seen from each of the apartments. The land was originally acquired in 1914 and the building constructed by William Sullivan. It has remained in the family and lovingly cared for throughout 4 generations. Take advantage of the first opportunity in the history of the building to become its owner. The investment provides huge upside and value add opportunity as it is occupied by long-term tenants with below market rents. The well-maintained building has had many updates throughout the years. Including vinyl windows, boiler, hot water heater, tuckpointing, roof silver coating, garage roof, rear decks/stairs and some electrical/plumbing. The building has 7 floorplans; all of which are large and boast front sunrooms, fireplaces, separate dining rooms, pantries and large bedrooms. The rear of the building consists of large balconies, a courtyard and a 2 car garage. 7700-06 N Eastlake Ter./7756-58 N Rogers Ave sits in in a coveted East of Sheridan, Rogers Park Location. It's a short walk to the CTA Howard Train Stop (Red/Purple/Yellow), Buses and easy driving access to Evanston and other shopping, groceries and restaurants within the City of Chicago. AS-IS. Owner doesn't warrant legality of Garden Unit.
11973712
MLSⓇ ID
February 5, 2024
Listed
November 25, 2024
Updated
Map
7700 N Eastlake Terrace
Chicago IL, 60626
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.31 Acres
Other Property Details
Area Name
CHI - Rogers Park
Taxes
$34,278
Tax Frequency
Annually
Days on Market
43
Garage
No
View
No
County
Cook
Municipality
Rogers Park
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
---|---|---|
5/11/2024 | Sold | $3,450,000 |
3/20/2024 | Under contract | — |
2/24/2024 | Price change | $3,950,000 -11% |
Courtesy of Compass, Santiago Valdez,
Listing Contact: 773-858-2410
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Data last updated 4:44 PM UTC, 11/25/2024