
Active · For Sale · Multi Family 5+
$3,495,000
1404 W Estes Avenue, Chicago, IL 60626
- Units
- 15
- Price / Unit
- $233,000
- Est. Cap Rate
- 5.38%
- Est. GRM
- 11.84
Property Overview
Exceptional opportunity to acquire a well-maintained 15-unit multifamily investment with 12 parking spaces in the heart of Chicago's thriving Rogers Park neighborhood, just minutes from Loyola University, the CTA Red Line, beaches, shopping, and neighborhood dining. This attractive asset consists of 12 one-bedroom units and 3 two-bedroom units, offering a highly desirable unit mix with consistent rental demand. Situated in one of Chicago's most stable and appreciating rental markets, this turnkey investment offers an ideal combination of immediate income, long-term appreciation potential, and an irreplaceable location near major employment, transportation, and educational hubs. There is full basement that presents an opportunity for additional units. Whether you're expanding an established portfolio or completing a 1031 exchange, 1404 W. Estes Avenue represents a rare opportunity to acquire a quality apartment building with both stability and upside.