$850,000
6548 N Newgard Avenue
Chicago, IL, 60626
This well-maintained brick 3-flat with 6 beds and 3 full baths, located on one of the most desirable tree-lined streets in Rogers Park, offers a fantastic opportunity for both investors and owner-occupants. The building has seen significant updates in the last couple of years, including a complete tear-off roof, rebuilt decks and staircase, and new concrete sidewalks and parking pad. The top 2 units have been remodeled with an open kitchen concept, updated bathrooms, and new windows, providing modern comfort and style. The plumbing stack and sewer line have also been replaced, adding to the property’s long-term value. The first-floor unit is currently occupied by a long-term tenant who has been in place for over 40 years and pays below-market rent, providing stability with potential for future rent increases. The unfinished basement offers additional storage units and features coin laundry, providing added income. Located in a prime area, this building is within easy reach of Loyola, public transportation, local shops, restaurants, and the lakefront, making it an ideal location for tenants or an owner-occupied residence. With most of the large-ticket items already completed, this property is ready for its next owner to enjoy and capitalize on.
Property Details
Price:
$850,000
MLS #:
MRD12292257
Status:
Active Under Contract
Beds:
6
Baths:
3
Address:
6548 N Newgard Avenue
Type:
Multi Family
Neighborhood:
CHI – Rogers Park
City:
Chicago
Listed Date:
Feb 17, 2025
State:
IL
ZIP:
60626
Year Built:
1916
Schools
School District:
299
Interior
Heating
Radiant
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Parking Spots
3
Financial
Tax Year
2023
Taxes
$10,381
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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6548 N Newgard Avenue
Chicago, IL
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