Property Overview

Interra Realty has been exclusively engaged to market the well-maintained and professionally managed 6-unit apartment building at 1431 W. Howard Street in the Rogers Park neighborhood on the north side of Chicago. 

This center-entrance multifamily building features six spacious two-bedroom apartments and four garage parking spaces. Current ownership has made significant investments such as a newer boiler, roof, aluminum windows, extensive tuckpointing, and upgraded common areas. The most recent leases
attest to an upside in rents from current levels. Furthermore, new ownership can implement a value-add strategy by updating the kitchens and bathrooms of the 3 units on the East side of the building to meet renter demand for modernized apartments in the area. 

1431 W. Howard Street is centrally located near the Howard Yellow, Purple, & Red Line CTA train station and multiple bus routes on Howard Street & Sheridan Road. Renters also benefit from easy access to beaches along Lake Michigan, several parks, and Northwestern & Loyola Universities.

Highlights

  • (6) Large 2Bdr/1Ba Apartments
  • (4) Garage Spaces
  • Newer Boiler, Roof, & Aluminum Windows
  • Ability to Renovate 50% of Units
  • Laundry Room with 2 Washers & 2 Dryers (Owned)

Key Details

Sale Price
$1,200,000
Number of Units
Six (6)
Submarket
Rogers Park