7700 N Eastlake Terrace, Chicago, IL, 60626

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$3,950,000
81 Days Online

7700 N Eastlake Terrace
Chicago, IL 60626

For Sale|Multi-Family|Active Under Contract
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass 312-319-1168
Call Now: 877 582 4399
Is this the home for you? We can help make it yours.
877 582 4399
7700 N Eastlake Terrace7700 N Eastlake Terrace7700 N Eastlake Terrace7700 N Eastlake Terrace
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7700 N Eastlake Ter. - 7704 N Eastlake Ter., 7756-58 N Rogers Ave, is located in one of Chicago's Lakefront Neighborhoods, Rogers Park. This corner property consists of 19 residential units and 2 garage parking spaces. The apartment rental mix is comprised of (6) 3 bed/2 bath units, (6) 2 bed/1.5 bath units and (7) 1 bed/1 bath apartments. Each apartment has access to private balconies which overlook a courtyard. This classic Chicago brick, corner building has a premier, East of Sheridan location directly across the street from Lake Michigan, the Rogers Park Beach and the Rogers Beach Park Tennis Courts. The building's unique position on the block gives it an unobstructed view of the Lake, Beach and Park which can be seen from each of the apartments. The land was originally acquired in 1914 and the building constructed by William Sullivan. It has remained in the family and lovingly cared for throughout 4 generations. Take advantage of the first opportunity in the history of the building to become its owner. The investment provides huge upside and value add opportunity as it is occupied by long-term tenants with below market rents. The well-maintained building has had many updates throughout the years. Including vinyl windows, boiler, hot water heater, tuckpointing, roof silver coating, garage roof, rear decks/stairs and some electrical/plumbing. The building has 7 floorplans; all of which are large and boast front sunrooms, fireplaces, separate dining rooms, pantries and large bedrooms. The rear of the building consists of large balconies, a courtyard and a 2 car garage. 7700-06 N Eastlake Ter./7756-58 N Rogers Ave sits in in a coveted East of Sheridan, Rogers Park Location. It's a short walk to the CTA Howard Train Stop (Red/Purple/Yellow), Buses and easy driving access to Evanston and other shopping, groceries and restaurants within the City of Chicago. AS-IS. Owner doesn't warrant legality of Garden Unit.

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Listing Snapshot
Price 
$3,950,000
Days Online 
81 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.31 Acres
Year Built 
1916
MLS® Number 
11973712
Status 
Active Under Contract
Property Tax 
$34,278
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active Under Contract
2 months agoPrice changed to $3,950,000
3 months agoListing first seen online
General Features
Construction 
Brick
Electric 
Circuit Breakers
Number of Stories 
3
Acreage 
0.31
Zoning 
MULTI
Number Of Stories 
3
Interior Features
Cooling 
None
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Exterior Features
Construction Details 
Brick
Community Features
Township 
Rogers Park
MLS Area 
CHI - Rogers Park
Association Fee Includes 
None
Listing Courtesy of MRED as distributed by MLS Grid of Compass 312-319-1168



Based on information submitted to the MLS GRID as of 2024-04-27 12:40 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-04-27 12:40 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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