7700 North Eastlake Terrace

7700 North Eastlake Terrace

Chicago, IL 60626

$3,950,000
Price
37
Beds
25
Baths
6
1/2 Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Listed By Compass

Contingent

Listed By Compass

Contingent

a view of a terrace with sky view
a view of a building and a street
an aerial view of residential houses with outdoor space
a living room with furniture a flat screen tv and a fireplace
a living room with furniture and wooden floor
a living room with furniture and a flat screen tv
a view of a dining room with furniture
a kitchen with appliances cabinets and a table
a bedroom with a bed and wall painting
a living room with furniture a flat screen tv and a fireplace
a living room with furniture and a large window
a living room with furniture and floor to ceiling windows
a kitchen with a stove and cabinets
a bedroom with a bed and a tv
a bathroom with a shower a sink and a mirror
a living room with furniture a flat screen tv and a large window
a living room with furniture and a large window
a bedroom with a bed and wooden floor
a bathroom with a sink toilet and shower
a view of a dining room with furniture window and wooden floor
a kitchen with stainless steel appliances granite countertop a stove a sink dishwasher and a dining table with wooden floor
a bathroom with a sink toilet and shower
a picture of a bench in a white building
a living room with furniture and a wooden floor
a living room with furniture and a window
a bedroom with two beds and a dresser next to a window
a picture of a floor plan
a living room with furniture and a fireplace
a living room with furniture and a large window
a view of a dining room with furniture
a bedroom with a bed and a closet
a bathroom with a sink a toilet and shower
a kitchen with a stove a sink and a refrigerator
a bathroom with a sink toilet and a mirror
a living room with furniture and a flat screen tv
a dining room with furniture a chandelier and wooden floor
a living room with furniture a window and a flat screen tv
a bedroom with a bed and a dresser with the mirror
a bathroom with a sink mirror vanity and toilet
a bathroom with a toilet sink and mirror
a living room with furniture and wooden floor
a kitchen that has a lot of cabinets in it
a bathroom with a sink and a mirror
a front view of a residential apartment building with a yard
a front view of a residential apartment building with a yard
a view of a storage room
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a backyard of a house with barbeque oven table and chairs
a swimming pool view with a lake view
an aerial view of residential houses with outdoor space and trees

Description

7700 N Eastlake Ter. - 7704 N Eastlake Ter., 7756-58 N Rogers Ave, is located in one of Chicago's Lakefront Neighborhoods, Rogers Park. This corner property consists of 19 residential units and 2 garage parking spaces. The apartment rental mix is comprised of (6) 3 bed/2 bath units, (6) 2 bed/1.5 bath units and (7) 1 bed/1 bath apartments. Each apartment has access to private balconies which overlook a courtyard. This classic Chicago brick, corner building has a premier, East of Sheridan location...7700 N Eastlake Ter. - 7704 N Eastlake Ter., 7756-58 N Rogers Ave, is located in one of Chicago's Lakefront Neighborhoods, Rogers Park. This corner property consists of 19 residential units and 2 garage parking spaces. The apartment rental mix is comprised of (6) 3 bed/2 bath units, (6) 2 bed/1.5 bath units and (7) 1 bed/1 bath apartments. Each apartment has access to private balconies which overlook a courtyard. This classic Chicago brick, corner building has a premier, East of Sheridan location directly across the street from Lake Michigan, the Rogers Park Beach and the Rogers Beach Park Tennis Courts. The building's unique position on the block gives it an unobstructed view of the Lake, Beach and Park which can be seen from each of the apartments. The land was originally acquired in 1914 and the building constructed by William Sullivan. It has remained in the family and lovingly cared for throughout 4 generations. Take advantage of the first opportunity in the history of the building to become its owner. The investment provides huge upside and value add opportunity as it is occupied by long-term tenants with below market rents. The well-maintained building has had many updates throughout the years. Including vinyl windows, boiler, hot water heater, tuckpointing, roof silver coating, garage roof, rear decks/stairs and some electrical/plumbing. The building has 7 floorplans; all of which are large and boast front sunrooms, fireplaces, separate dining rooms, pantries and large bedrooms. The rear of the building consists of large balconies, a courtyard and a 2 car garage. 7700-06 N Eastlake Ter./7756-58 N Rogers Ave sits in in a coveted East of Sheridan, Rogers Park Location. It's a short walk to the CTA Howard Train Stop (Red/Purple/Yellow), Buses and easy driving access to Evanston and other shopping, groceries and restaurants within the City of Chicago. AS-IS. Owner doesn't warrant legality of Garden Unit.

Listing Agents

  1. Santiago Valdez

    Santiago Valdez

    Listing Agent

    Compass

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  2. Kate Barnett

    Kate Barnett

    Alternative Listing Agent

    Compass

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  3. Elizabeth Pyle

    Elizabeth Pyle

    Alternative Listing Agent

    Compass

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Property Details for 7700 North Eastlake Terrace

Area
CHI - Rogers Park
Township
Rogers Park
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 03/20/2024 11:57 AM

Property Details for 7700 North Eastlake Terrace

StatusContingent
MLS #11973712
Days on Market72
Taxes$34,278 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1916
Lot Size0.31 AC / 13,703 SF
CountyCook County

Location

Add your commute

Building Information for 7700 North Eastlake Terrace

Stories-Residences19Year Built1916Building Size-Lot Size0.31 AC / 13,703 SF

Payment Calculator

$24,413 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$2,857

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7700 North Eastlake Terrace

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street, Alley Access
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: Partially Finished, Exterior Access, Bathroom Rough-In, Storage Space
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • Num of Baths: 25.6
Exterior Features
  • Misc Outside: Balcony/ies,Courtyard,Patio,Security Gate
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: PER SURVEY
  • Lot Size Square Feet: 13703.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Structure: Flat
  • Lot Size Source: County Records
  • Conversion: N
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Public Document Count: 1
  • Document Date: 2024-02-04T21:37:22
  • Photos Count: 75
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks
  • Location: Corner,Lake Front,Water View,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Electric Expense: $2,945.00
  • Fuel Expense: $44,375.00
  • Gross Income: $323,100.00
  • Gross Scheduled Income: $328,700.00
  • Insurance Expense: $17,139.00
  • Maintenance Expense: $24,468.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 2810
  • Net Operating Income Year: 2022
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 27392
  • Water Expense Source: Actual
  • Net Operating Income: $169,396.00
  • Operating Expense: $115,165.00
  • Other Expense: $8,935.00
  • Trash Expense: $3,948.00
  • Water Sewer Expense: $10,545.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 6
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 7
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7700 North Eastlake Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7700 North Eastlake Terrace

Taxable ValueLand$22,952Additions$143,702Total$166,654
Tax Record2022$34,278 ($2,856 / month)
Home Facts
Stories3Lot Size13,703 SqFtStyleMulti-Family Res (5+ Units)Year Built1918CountyCOOKAPN11-29-103-020

Schools near 7700 North Eastlake Terrace

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Gale Elementary Community Academy
Public - PK to 8
Sullivan High School
Public - 9 to 12
Chicago Math & Sci Elementary Charter
Charter - 6 to 12
Acero Chtr Sor Juana Ines de la
Charter - K to 12
Rating
School
Distance
Gale Elementary Community Academy
PublicPK to 8

Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

Acero Chtr Sor Juana Ines de la
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.