7600-02 N. Sheridan

7600-02 N. Sheridan | Chicago, IL 60626

Kiser Group has been exclusively engaged to market for sale 7600-02 N. Sheridan, a 33-unit brick walk-up building. The property is located in Chicago's Rogers Park neighborhood and is just 0.1 miles from Lake Michigan and Howard Beach. Situated in a highly walkable location with easy access to CTA Red, Yellow and Purple lines, equidistant to both Jarvis and Howard stops (0.4 miles), as well as several bus stops. 7600-02 N. Sheridan is comprised of nine (9) studios, twenty (20) 1 bed / 1 bath units, two (2) 2 bed / 1 bath units, and two (2) 2 bed / 1.5 bath units. Since 2018, ownership has renovated 28 of the 33 apartments and updated common area hallways with carpeting, modern gray paint, chair rail and on-trend light fixtures. The units now feature modern finishes in kitchens and bathrooms with stainless steel appliances, granite or quartz counter-tops, and vinyl or hardwood floors. Additionally, the boiler was replaced in 2021, hot water tanks were replaced in 2019 and ownership completed a major tuckpointing project in 2019. This deal provides a new owner with the opportunity to acquire a transit-oriented asset with updated building systems, renovated units, and just the right amount of value-add. New ownership is guaranteed a property in a location that will always be sought after in a continuously changing market.