In The News | Rogers Park apartment building sells for close to $150,000 per unit

Brad Feldman
Brad Feldman
Multifamily
News
Transactions

“Rogers Park remains attractive to renters and buyers alike because of its relative affordability,” said Feldman. “We’ve seen an uptick in activity in this pocket of West Rogers Park near Devon as people discover the area’s high-quality, plentiful housing stock. Investor appetite is especially strong for assets that are either candidates for redevelopment or, in this case, recently renovated, as they’re able to capitalize on continued rent growth. Given the strong fundamentals, we expect sales velocity to hold steady through the second half of the year.”

Read article: RE Journals