108-Year-Old Rogers Park Property Acquired by Becovic

Becovic Residential, a Chicago-based multifamily owner and operator, has acquired a 19-unit apartment building located at 7700 N Eastlake Terrace in the Rogers Park neighborhood. The three-story walkup was purchased for $3,450,000 and financed by Associated Bank.

Becovic Management Group will oversee the property’s management. Built in 1916, the property features a mix of one-, two- and three-bedroom units, along with two garage parking spaces. The property was owned by the original family for four generations.

“As long-term stewards of our properties, our family is excited to take over such a historic property located in Eastlake Terrace, an area that we believe is the most special and unique in Chicago,” said Sal Becovic, President of Becovic.

The classic Chicago brick corner walkup is situated in the idyllic Eastlake Terrace area of Rogers Park, directly across the street from Lake Michigan, Rogers Park Beach, and the Rogers Beach tennis and pickleball courts.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!