Essex Realty Group, Inc. is pleased to present 1426 W. Jonquil Ter., a center entrance six-unit apartment building located in the East Rogers Park neighborhood of Chicago. The property has been under the same ownership for 35 years and has been meticulously maintained during its tenure while preserving the buildings vintage detail and charm.

The building's unit mix consists of five (5) massive three-bedroom layouts and one (1) large two-bedroom layout, which include formal dining rooms, oversized family rooms, front sunrooms, and rear outdoor porches. The apartments feature hardwood flooring throughout, and the kitchens and bathrooms have been modesty updated over the years with standard finishes while preserving the vintage appeal. Notable improvements to the building include copper plumbing throughout, separately metered electricity, and a recently replaced hot water heater in 2019. Heat is provided to all of the apartments via a Weil McLain Boiler and is an owner-paid expense.

This is an extremely low maintenance property with very manageable expenses. An investor has the extremely rare opportunity to acquire a multi-family asset in an area of Chicago that has seen tremendous growth and development. A new buyer can capitalize by operating the building as-is while bringing the current rents to market. Additionally, there is significant upside by updating the apartments, including potentially adding garden units.