2402 N. New England Ave.

Property Overview

Interra Realty is pleased to present the off -market opportunity to acquire, 2402 N New England Ave in Chicago, Illinois. The subject investment opportunity comprises twenty-five (25) apartment units and 12 parking spaces. The property is situated 13 miles northwest of the downtown Chicago Loop. The area provides commuters with convenient access to the Montclare Metra Station, located 6 minutes from the property. There are many community amenities including nearby groceries, restaurants, and Riis Park.

The unit mix is comprised of twelve (12) 1 bed / 1 bath and thirteen (13) 2 bed / 1 bath apartments. The units are heated with radiant floor heating and cooled with individual A/C units. The building has seen capital improvements including a boiler replaced 2 years ago, recent roof spot repairs, and 30% of windows replaced. The building has 3 laundry rooms with 1 wash and 1 dry per laundry room and the machines are leased.


  • Below Market Rents
  • Walking Distance to Public Transportation
  • Off -street Parking and Common Laundry
  • Recent Capital Improvements