Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12685746MLS Provider

7441 N Rogers AvenueChicago, IL 60626

Commercial · 2 Beds · 5,017 Sq. ft. | 0.15 Acres
$1,690,000 Active

7441 N Rogers Avenue Overview

Time on Site:
5 days
Visits:
0

Beautiful East Rogers Park Brick 6 Unit investment opportunity located in one of Chicago's most consistently desirable rental neighborhoods. This newer construction masonry building features six large two-bedroom, one-bath apartments and is fully occupied with a proven history of strong tenant demand. Residents enjoy an unbeatable location just blocks from Lake Michigan, the CTA Red Line, and the Rogers Park Metra station, providing convenient access to downtown Chicago, Evanston, Andersonville, Edgewater, and the surrounding North Side neighborhoods. Each apartment offers a modern layout with oversized bedrooms, abundant natural light, stainless steel appliances, in-unit laundry, central heating and air conditioning, and a dedicated parking space. The property's dedicated parking lot is a valuable amenity that continues to attract and retain tenants. With low operating expenses, well below market rents, and substantial rental upside, investors have a clear path to increasing returns over time. The property's projected 7.27% pro-forma cap rate highlights the opportunity to unlock additional value while benefiting from the stability of a fully leased, newer construction asset in a high-demand lakefront location.

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7441 N Rogers Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 5,017
  • Price/Sq.ft. $337
  • Lot 0.15 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 131220
  • Gross Scheduled Income: 131220
  • Insurance Expense: 3758
  • Maintenance Expense: 4250
  • Net Operating Income: 91568
  • Operating Expense: 34428
  • Trash Expense: 2480
  • Water Sewer Expense: 2864

Building Information

  • Year Built: 2020

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Rogers Park

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $26,300.00
  • Tax Year: 2024

General Information

  • Parcel Number: 11304130070000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 5017

General Information

  • Cooling: Central Air
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 30X160
  • Lot Size Square Feet: 6721

Building Exterior/Construction

  • Construction Materials: Brick, Concrete

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 6

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Units Total: 0

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

7441 N Rogers Avenue Neighborhood

Community

60626 (Chicago) Demographics

34
Median Age
23,561
Population Density (per sq. mile)
54%
College Educated
$45,632
Estimated Median Income
5,870
Estimated Total Home Owners
17,172
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7441 N Rogers Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7441 N Rogers Avenue Market Data

Based on the last 30 days in this zip code

$304,919
Average List Price
$331
Average Price per Square Foot
36
Properties Sold
35
Average Days on Market
78
Properties for Sale
Calculations provided by Reliance Network

7441 N Rogers Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026