For Sale $8,200,000
Property Type Multi-Family
Property Size 52,186 SF
Units 44
Lot Size 0.44 Acre
Year Built 1928
Year Renovated 2022
Date Updated Mar 25, 2024

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.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.

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Attachments

NEW - Horizontal Offering Memorandum (PDF) opens in new window

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

Contacts

Sean Connelly

33 Realty

(773) 899-1334

Location

Getting Around

Walk Score ®
78/100 Very Walkable
Transit Score ®
71/100 Excellent Transit
Bike Score ®
80/100 Very Bikeable

Map
Street

City Chicago, IL
Neighborhood Rogers Park
Zip Code 60645
Market Chicago

Points of Interest

Rogers Park

0.56 miles
Howard

0.59 miles
Jarvis

0.72 miles
South Boulevard

0.87 miles
Morse

1.02 miles
Main

1.25 miles
Evanston Main Street

1.26 miles
Loyola

1.50 miles
Dempster

1.82 miles
Granville

1.90 miles

Shell

0.30 miles
Marathon

0.42 miles
Marathon

0.46 miles
Amoco

0.48 miles
Mobil

0.50 miles
Mobil

0.77 miles
Citgo

0.84 miles
Valero

0.84 miles
Mobil

0.89 miles
Shell

1.02 miles

Howard Park & Ride

0.58 miles
7331 N Sheridan Self-Park

0.99 miles
Budget Rental Parking Lot

1.06 miles
Evanston Lot 39

1.12 miles
Parking Lot 42

1.18 miles
Evanston Lot 24

1.31 miles
Park Plaza Parking Lot

1.36 miles
Loyola Parking Structure

1.69 miles
Public parking

1.95 miles
Holiday Inn Parking

2.04 miles

Super 8 by Wyndham Chicago

0.95 miles
Ceci's House

1.36 miles
Hampton Inn Chicago North-Loyola Station

1.45 miles
Heart O' Chicago Motel

1.81 miles
Holiday Inn Chicago North-Evanston

2.01 miles
Rio Motel

2.14 miles
River Park Motel & Suites

2.15 miles
Margarita European Inn

2.15 miles
Rodeway Inn

2.16 miles
Graduate Evanston

2.18 miles

Popeyes

0.32 miles
Good To Go

0.32 miles
Pizza Hut Delivery

0.32 miles
Peckish Pig

0.35 miles
McDonald's

0.39 miles
Buffalo Joe's

0.40 miles
Restaurante Cuetzala Gro

0.40 miles
Tapia's Pizza

0.43 miles
Subway

0.43 miles
Burger King

0.44 miles

Saint Scholastica High School

0.20 miles
Saint Marys School

0.25 miles
Jordan Community School

0.29 miles
George Armstrong Elementary School

0.34 miles
Chicago Math and Science Academy

0.42 miles
Rogers Elementary School

0.65 miles
Stephen F. Gale Math and Science Academy

0.70 miles
St. Jerome School

0.74 miles
New Field Elementary School

0.77 miles
Oakton Elementary School

0.77 miles

Toddler Town Day Care

0.61 miles
Tot Learning Center

2.01 miles
Ladybug & Friends Daycare

2.15 miles
Bright Horizons

2.25 miles
Little Angels

2.26 miles
Ravenswood Manor Child Care

3.80 miles
Barbereaux School

4.04 miles
Niles Township Community Day Care and Food Pantry

4.09 miles
Rainbow School Daycare

4.45 miles
Kids' Work Chicago Too

4.81 miles

Frequently Asked Questions

What is the lease rate for 7340 N Hoyne Ave?

Rental asking rate at 7340 N Hoyne Ave is $4,100,000.00/YR.

What is the total square footage of 7340 N Hoyne Ave?

7340 N Hoyne Ave totals 52,186 square feet.

When was this property built?

7340 N Hoyne Ave was built in 1928.

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