7340 N Hoyne Ave

7340 N Hoyne Ave, Chicago, IL

$8,200,000

Price

52,186 sqft

Building Size

0.435 acres

Lot Area

Overview
Building Size
52,186 sqft
Lot Area
0.435 acres
Occupancy
86.4%
Units
44
Year Built
1928
Floors
3
Description

33 Realty is pleased to present for sale 7340 N Hoyne Avenue located in Chicago's Rogers Park neighborhood. This majestic double courtyard building underwent a condo conversion in 2005 that saw the building rehabbed to the studs. The result of the renovation gives a new investor the opportunity to continue to grow rents with a well-located property with a great unit mix and no capital needed to improve the asset.

Aside from the wonderful neighborhood amenities that Rogers Park offers tenants, property amenities include in-unit washer/ dryer in all units, stainless steel appliance packages, private balconies, central air conditioning, and a bike room.

This is an excellent opportunity for an investor to acquire a turn key asset in a location experiencing phenomenal rent growth.

Far north side neighborhood of Chicago, Rogers Park, sits on the coast of Lake Michigan. It is commonly known for its cultural and linguistic diversity, lush green public spaces, and early 20th-century architecture.

Loyola University is located in the southeast corner of the neighborhood making Rogers Park a hotbed for students and university employees to reside.

Rogers Park has over 130 restaurants plus coffee shops and cafes and has been ranked very walkable by Walk Score. Many beaches line the shores of Lake Michigan through the Rogers Park neighborhood.

Highlights
  • Condo Quality Apartments with upside in Rents
  • Individual HVAC and Hot Water Tanks
  • Washer and Dryer in Unit
  • Smart Controls in Unit
  • Dishwashers in Unit
  • Great Unit Mix
Documents

Location
Gallery