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7516 N Seeley AveChicago, IL 60645
7516 N Seeley
Asset ClassMultifamily
# Units37
37-Unit Value-Add Acquisition Opportunity in Rogers Park
overview of deal

Overview

33 Realty is delighted to present for sale 37 units at 7516-7524 N Seeley Ave, Chicago, IL 60645 nestled in the vibrant heart of Rogers Park. Conveniently situated near W Howard St and the retail to the East and West near the Howard stop. With the Howard CTA 0.5 miles away and 25-minute commute into downtown, this location offers convenience and accessibility.  The property has 37 units consisting of: Eighteen (18) Studio units ~ 665 SF Each Nineteen (19) 1 Bed / 1 Bath units ~ 920 SF Each 7516-7524 N Seeley Ave presents a rare opportunity to substantially increase rents by adding a bedroom to the studio and 1 bedroom units given their large floorplans.

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Investment Highlights

  • Oversized studio and 1-bedroom layouts
  • Only two owners in the last 75 years
  • Ability to substanially increase rents by adding bedrooms to the existing studio and 1 bedroom units 
  • Ascention St Francis Hospital just a .5 Mile to the North
  • New boiler, hot water heaters and tanks within the last 11 years
  • Masonry and Lintel Repairs (2023)
  • Tile Roof Repairs (2022)
  • New windows (2012) and porches (2010)
  • Candidate for the City’s AHSAP program
7516 N Seeley AveChicago, IL 60645
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Listing provided by Revere CRE