2020 W. Birchwood Ave
Marcus & Millichap is pleased to present this 13-unit multi-family real estate opportunity in the Rogers Park neighborhood of Chicago. The subject property of 2020 West Birchwood Avenue is located 1 mile West of Lake Michigan, 0.6 miles West of the CTA's Howard train station, and 11.5 miles North of Chicago's downtown loop area. The CTA's Howard train station gives you access to the red, purple, and yellow train lines. The subject property offers a unit mix consisting of 6 one-bedroom one-bathroom units that measure 850 square feet and 7 two-bedroom one-bathroom units that measure 1,050 square feet respectively.
Spanning along the lakefront Rogers Park has the distinction of being Chicago's northernmost neighborhood, with a population of just over 50,000 residents. Rogers Park offers its residents plenty of local restaurants, bars, nightlife opportunities, shopping, and retail centers. The subject property is located within walking distance to multiple restaurants and Gateway Centre Plaza, a major shopping center with many national retail tenants.
An investor can take full advantage of this real estate opportunity by capitalizing on the subject properties prime location and the ability to raise current rents to conform to the market.