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Multifamily

1666 W Pratt Blvd

1666 W Pratt Blvd, Chicago, IL 60626

Listing Price: Request For Offer

Number of Units
30
Occupancy
97.0%
Gross SF
13,710

Investment Overview

Marcus & Millichap is pleased to present this multifamily real estate opportunity in the Rogers Park neighborhood of Chicago. The subject property of 1666 West Pratt Boulevard is located 9.5 miles north of the Chicago Loop, 0.5 miles southwest of the CTA's Morse Red Line train station, 0.3 miles south of the Metra Electric's Rogers Park train station, and 200 feet from the CTA's Clark and Pratt bus 22 stop. The unit mix for the subject property consists of thirty one-bedroom / one-bathroom units that average 457 square feet, respectively. The property was fully-gut renovated in 2020 featuring high-end finishes; quartz countertops, stainless steel appliances, and in-unit laundry. The building amenities feature an on-site gym, business center, and tenant lounge. The property also features a total of 18 surface parking spaces. Rogers Park is one of the most economically and culturally diverse communities not only in Chicago, but in the entire United States - proven by the 80-plus languages spoken in the neighborhood. Located at the far northeast corner of the city, approximately ten miles north of Chicago's central business district known as "The Loop," Rogers Park has convenient transportation to and from the city. The neighborhood includes four CTA "L" stops at Loyola, Morse, Jarvis, and Howard; one Metra stop at Lunt Avenue; five bus lines; and the Howard Bus and "L" terminal which is the staging point for north suburban travel. In addition, Rogers Park is one of the few Chicago neighborhoods that has direct public access to Lake Michigan. Unlike other Chicago lakefront neighborhoods, Rogers Park has 13 public street-end beaches and many buildings along Lake Michigan have their own private beaches. Rogers Park is also home to ten public parks. An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to cash flow the property.

Investment Highlights

  • Rogers Park Location
  • Fully Gut Renovated Property With High End Finishes
  • On-Site Gym, Tenant Lounge, & Business Center
  • In-Unit Laundry
  • Walking Distance to Public Transportation

Exclusively Listed By

Multifamily

1666 W Pratt Blvd

Listing Price: Request For Offer

Number of Units
30
Occupancy
97.0%
Gross SF
13,710

Investment Highlights

  • Rogers Park Location
  • Fully Gut Renovated Property With High End Finishes
  • On-Site Gym, Tenant Lounge, & Business Center
  • In-Unit Laundry
  • Walking Distance to Public Transportation

Investment Overview

Marcus & Millichap is pleased to present this multifamily real estate opportunity in the Rogers Park neighborhood of Chicago. The subject property of 1666 West Pratt Boulevard is located 9.5 miles north of the Chicago Loop, 0.5 miles southwest of the CTA's Morse Red Line train station, 0.3 miles south of the Metra Electric's Rogers Park train station, and 200 feet from the CTA's Clark and Pratt bus 22 stop. The unit mix for the subject property consists of thirty one-bedroom / one-bathroom units that average 457 square feet, respectively. The property was fully-gut renovated in 2020 featuring high-end finishes; quartz countertops, stainless steel appliances, and in-unit laundry. The building amenities feature an on-site gym, business center, and tenant lounge. The property also features a total of 18 surface parking spaces. Rogers Park is one of the most economically and culturally diverse communities not only in Chicago, but in the entire United States - proven by the 80-plus languages spoken in the neighborhood. Located at the far northeast corner of the city, approximately ten miles north of Chicago's central business district known as "The Loop," Rogers Park has convenient transportation to and from the city. The neighborhood includes four CTA "L" stops at Loyola, Morse, Jarvis, and Howard; one Metra stop at Lunt Avenue; five bus lines; and the Howard Bus and "L" terminal which is the staging point for north suburban travel. In addition, Rogers Park is one of the few Chicago neighborhoods that has direct public access to Lake Michigan. Unlike other Chicago lakefront neighborhoods, Rogers Park has 13 public street-end beaches and many buildings along Lake Michigan have their own private beaches. Rogers Park is also home to ten public parks. An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to cash flow the property.

Exclusively Listed By

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