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$3,250,000
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Property Description
Exceptional opportunity to acquire a well-maintained 15-unit multifamily investment with 12 parking spaces in the heart of Chicago's thriving Rogers Park neighborhood, just minutes from Loyola University, the CTA Red Line, beaches, shopping, and neighborhood dining. This attractive asset consists of 12 one-bedroom units and 3 two-bedroom units, offering a highly desirable unit mix with consistent rental demand. Situated in one of Chicago's most stable and appreciating rental markets, this turnkey investment offers an ideal combination of immediate income, long-term appreciation potential, and an irreplaceable location near major employment, transportation, and educational hubs. There is full basement that presents an opportunity for additional units. Whether you're expanding an established portfolio or completing a 1031 exchange, 1404 W. Estes Avenue represents a rare opportunity to acquire a quality apartment building with both stability and upside.
Full Property Details
Full Property Details for 1404 W Estes Ave
General
- Price: $3,250,000
- Taxes: $33,825 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12675250
- Updated: 8/18/2026
- Added to Site: 54 day(s) ago
Location
- Area: CHI - Rogers Park
- County: Cook
- Driving Directions: Sheridan to Estes, west to the property
Heating & Cooling
- Heating Type: Central Heat/Individual Controls
Utilities
- Trash: 2000
Structural Information
- Stories/Levels: 3
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 15
- Units w/Range/Oven: 15
Lot Features
- Lot Dimensions: 54 x 125
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $6,700
- Operating Expenses: $107,000
- Assessment Year: 1963
- Tax Amount: $33,825
- Tax Year: 2024
- Pays Electric: 8000
- Pays Trash: 2000
Disclosures and Reports
- Property ID: 11321011031001
Listed by Sky High Real Estate Inc.
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Schools
Schools serving 1404 W Estes Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Field Elementary School, Chicago, IL 7019 North Ashland Boulevard, Chicago, IL 60626 | 4-8 | 0.2 mi |
New Field Elementary School 1707 West Morse Avenue, Chicago, IL 60626 | K-2 | 0.4 mi |
Sullivan High School, Chicago, IL 6631 North Bosworth Avenue, Chicago, IL 60626 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1404 W Estes Ave
Date
Details
Price
Change
Source
8/12/2026
Price Reduced
$3,250,000
-7.01%
MLS
7/23/2026
Listed
$3,495,000
3034.53%
MLS
9/27/2025
Sold
$111,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1404 W Estes Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,289
—
$12,880
19%
2023
$2,289
3%
$10,848
—
2022
$2,231
2%
$10,848
—
2021
$2,181
27%
$10,848
40%
2020
$1,721
-1%
$7,725
-10%
2019
$1,730
2%
$8,612
—
2018
$1,701
72%
$8,612
88%
2017
$988
8%
$4,588
—
2016
$919
9%
$4,588
—
2015
$841
-33%
$4,588
-32%
2014
$1,256
2%
$6,772
—
2013
$1,232
1%
$6,772
—
2012
$1,215
—
$6,772
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1404 W Estes Ave
1404 W Estes Avenue, Chicago, IL 60626 (MLS# 12675250) is a Commercial property. 1404 W Estes Avenue is currently listed for $3,250,000 and was received on July 23, 2026. Want to learn more about 1404 W Estes Avenue? Do you have questions about finding other Commercial real estate for sale in Rogers Park? You can browse all Rogers Park real estate or contact a Coldwell Banker agent to request more information.

