Becovic, a Chicago-based multifamily owner and operator, adds another Rogers Park property to its portfolio. Today, the company announced the closing of The Clark Rogers, a 19-unit courtyard building located at 7417-27 N. Clark Street. Chicago Real Estate Resources (CRER) represented the seller in this $2.2 million transaction and Becovic Realty represented the buyer.

“This property represents some of the many things we love about Rogers Park,” said Becovic President Sal Becovic. “It’s a classic courtyard building with excellent sized apartment homes in a great location.”

The property includes 11 two-bedroom/one-bath apartments, three two-bedroom/two-bath apartments and five one-bedroom/one-bath apartments. It also boasts eight parking spaces in the back of the building. With close proximity to grocery, parks, transportation, dining and retail options, residents are ideally situated to enjoy the convenience and diversity of the community. There are also eight on-site parking spaces for residents. 

With a strong focus on community and long-term ownership, Becovic continues to invest throughout Chicago’s northside neighborhoods. 

Becovic, a Chicago-based multifamily owner and operator, continues to invest in Chicago’s Rogers Park neighborhood. The company recently bought a property that includes an indoor parking garage with a 3,000 square foot commercial space on the ground floor. Located at 1419 W. Howard, Becovic Realty represented the buyer and Friedman Real Estate represented the seller in the $1,700,000 deal.

“Parking is in very high demand for our residents and the community,” said Becovic President Sal Becovic. “We will keep the property as-is and find a commercial tenant that will add value and diversity to Howard Street.”

The indoor parking garage has more than 150 parking spaces spread across a six-deck, five-floor garage. The commercial space – a 3,000 sqft offering – is well-positioned in the community and promises potential businesses significant opportunities. However, Becovic is focused on bringing the right tenant into the space. 

“As a family-owned company, we believe in supporting the richness of neighborhood living. We’re committed to being good stewards of the neighborhoods where our residents live and celebrate the power of community,” said Becovic.

Becovic, a Chicago-based multifamily owner and operator, has added a 1920s era courtyard building to its Northside portfolio. The Juneway Gardens, located at 1548-1558 ½ W Juneway Terrace in Chicago, sold for $7.25 million. The off-market transaction was brokered by Becovic Realty, the brokerage arm of Becovic.

“Our roots are deep in Rogers Park and we use decades of experience to create the best apartment home experience for our residents,” said Becovic President Sal Becovic. “The Juneway Gardens is a beautiful property with a great mix of apartment floor plans. We are excited to continue building community with residents in such a great neighborhood.” 

Originally built in 1922, The Juneway Gardens is a three-story, 61-unit courtyard apartment building located in Chicago’s Rogers Park neighborhood. The seller, a well-known owner/operator of many apartments in the area, owned the property for more than 30 years. The property’s 61 units are made up of 18 one-bedrooms, 34 two-bedrooms and nine three-bedroom units. Situated in the North of Howard area of Rogers Park, the property offers residents great proximity to parks and lakeside amenities as well as shopping, restaurant and nightlife offerings. 

Becovic, a Chicago-based multifamily owner and operator, has added The Fleetwood, located at 6026 N. Winthrop Avenue in Chicago, Illinois, to its Edgewater portfolio. The property sold for $7.25 million, and the deal was brokered by Becovic.

“With almost 50 years of experience as a housing provider in the Chicago market, we have something to offer everyone, and we look forward to continuing to build community with our new residents and neighbors,” said Sal Becovic, President at Becovic.

Originally built in 1929, The Fleetwood is an eight-story, 59-unit apartment building located in Chicago’s Edgewater Beach neighborhood. The seller, a well-known owner/operator of many apartments in the area, owned the property for almost 40 years. The property’s 59 units are made up of 21 studios, 37 one-bedrooms and one two-bedroom unit. It’s situated in a prime location close to shopping, parks, beaches and excellent transportation. 

“The previous owner has done great things with the property and for the neighborhood, and we are proud to take it over,'' said Becovic.

Becovic, a Chicago-based multifamily owner and operator, has acquired 6758 N. Sheridan in Chicago, Illinois for $9.8 million. The deal was brokered by Kiser Group’s Advisors Rick Ofman and Danny Logarakis. Kiser Group represented both the seller, The Vranas Family Trust, and Becovic in the transaction.

“Investor interest in Rogers Park multifamily continues to rise. We had 38 tours, resulting in multiple competitive offers,” said Ofman. “It’s no surprise that more than 800 multifamily units in the neighborhood have changed hands so far this year.”

Originally built in 1974, 6758 N. Sheridan is a 73-unit 4+1 apartment building located on the east side of Chicago’s Rogers Park neighborhood. The building has 29 studio apartments and 44 one-bedroom units.”

“For decades, the seller had kept this building well-maintained,” said Logarakis. “When marketing this property, we conducted more than 30 tours and received nine offers. The value-add potential, as well as the Loyola University location of the building, was very appealing to potential investors.”

“We are big believers in Rogers Park,” said Sal Becovic, President at Becovic. “We are excited about the addition of The Sheridan Pratt at 6758 N. Sheridan to our communities and look forward to serving its residents.”

“During the 2nd and 3rd quarters of this year, we have experienced a tidal wave of multifamily investor activity throughout the Chicagoland area, as capital pent up during the pandemic began free-flowing back into the markets,” said Lee Kiser, Principal and Managing Broker of Kiser Group. “Rick and Danny did a great job corralling that activity for a successful marketing campaign.”