About This Home

This 12-bedroom, 6-bathroom residential multi family at 7441 N Rogers Avenue in Chicago, IL is listed for $1,625,000. Built in 2020, on a 0.15 acres lot.

Key Features

  • Built in 2020
  • 0.15 acre lot
  • 3 stories

Property Details

3 stories
6 full
2020

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$8,691/mo

20% down · 6.5% · 30 years

Principal$1,175
Interest$7,042
Insurance$474

Estimates only. Actual payments may vary.

Location

7441 N Rogers Avenue

Chicago, IL 60626

Property Details

Construction

Brick Concrete

Cooling

Central Air

Questions & Answers

This 12-bedroom, 6-bathroom residential multi family at 7441 N Rogers Avenue is listed at $1,625,000. The estimated monthly payment is $8,691 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 0.15 acre lot, 3 stories.

This property is listed by Michael Scanlon.

MS

Michael Scanlon

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (888) 574-9405 · View on Broker Site · Broker website

MLS# 12756947· Source: Midwest Real Estate Data, LLC· 52 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7441 N Rogers Avenue, Chicago, IL 60626

Open this listing in: