Log In/Sign Up
Your email has been sent.
7545 N Bell Ave 30 Unit Apartment Building $7,741,630 CAD ($258,054 CAD/Unit) 6.55% Cap Rate Chicago, IL 60645



Investment Highlights
- Exceptional 30-Unit Courtyard Building in the Heart of Rogers Park
- Substantially Renovated Around 2015 Featuring Modernized Apartment Finishes & Updated Building Systems
- Premier Location Near Howard CTA Station, Rogers Park Metra Station & Multiple Bus Routes
- Highly Desirable Unit Mix Comprised of Primarily Expansive 2 & 3 Bedrooms Averaging Over 1,050 SF
- Includes 17 On-Site Outdoor Parking Spaces Providing Additional Income
Executive Summary
7545 North Bell Avenue, a 30-unit apartment building strategically located in Chicago's Rogers Park neighborhood, has been engaged to market for sale. The property features a diverse unit mix including mostly 2- and 3-bedroom apartments. The nearby Loyola University campus, with its significant student population, helps drive consistent rental demand in the area, offering investors an attractive opportunity in one of Chicago's most accessible and transit-rich neighborhoods
Thoughtfully updated 10-12 years ago, the units feature modern finishes that appeal to today's renters. Most apartments showcase hardwood floors, stainless steel
appliances, granite countertops, subway tile backsplashes, contemporary bathrooms, and are heated by a boiler system. Additional building amenities include on-site laundry facilities and 17 outdoor parking spaces.
Situated in Chicago's northernmost lakefront community, the property offers residents outstanding accessibility and lifestyle amenities. The building is conveniently located less than one mile from the Howard CTA Station, steps from multiple bus routes, and nearby the Rogers Park Metra Station, providing seamless connectivity throughout Chicago. Residents enjoy proximity to the expansive 20 plus acre Rogers Park and are within walking distance of the Howard Street retail corridor.
Thoughtfully updated 10-12 years ago, the units feature modern finishes that appeal to today's renters. Most apartments showcase hardwood floors, stainless steel
appliances, granite countertops, subway tile backsplashes, contemporary bathrooms, and are heated by a boiler system. Additional building amenities include on-site laundry facilities and 17 outdoor parking spaces.
Situated in Chicago's northernmost lakefront community, the property offers residents outstanding accessibility and lifestyle amenities. The building is conveniently located less than one mile from the Howard CTA Station, steps from multiple bus routes, and nearby the Rogers Park Metra Station, providing seamless connectivity throughout Chicago. Residents enjoy proximity to the expansive 20 plus acre Rogers Park and are within walking distance of the Howard Street retail corridor.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $7,741,630 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $258,054 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 6.55% | Building Size | 28,649 SF |
| Gross Rent Multiplier | 8.88 | Average Occupancy | 93% |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.59/1,000 SF |
| Zoning | RT-4 | ||
| Price | $7,741,630 CAD |
| Price Per Unit | $258,054 CAD |
| Sale Type | Investment |
| Cap Rate | 6.55% |
| Gross Rent Multiplier | 8.88 |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 28,649 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.59/1,000 SF |
| Zoning | RT-4 |
1 1
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 11-30-307-191-0000 | Improvements Assessment | $417,022 CAD |
| Land Assessment | $66,653 CAD | Total Assessment | $483,675 CAD |
Property Taxes
Parcel Number
11-30-307-191-0000
Land Assessment
$66,653 CAD
Improvements Assessment
$417,022 CAD
Total Assessment
$483,675 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7545 N Bell Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
