Property Overview
Interra Realty has been exclusively engaged to market 6930 N. Greenview Avenue, Chicago, for sale. The subject investment property is a mid-rise mixeduse asset in a prominent Rogers Park location. The property is comprised of 66 apartments over five street-level commercial spaces.
The property has been well-maintained and is professionally managed, but presents a value-add opportunity via modernization of units, common areas, and the addition of amenity space. The units mix consists of primarily studio and one bedroom units. The first floor commercial space is fully occupied by a variety of users at below market rents. The coffee shop in the corner occupies two spaces.
A new investor has the rare opportunity to acquire a prominent north side asset in a desirable and improving pocket of Rogers Park. The fee-simple interest of the property is being offered for sale to qualified investors with the option to assume the in-place debt at a below market interest rate or it can be delivered free-and-clear.
Highlights
- Rarely Available, Prominent Rogers Park Asset
- Steps from Red Line and Walking Distance to Lake
- Value-Add Potential via Modernization
- Well-Maintained and Professionally Managed Property
- New Boiler and Updated Elevator Controls