Fairchild Commons

For Sale

6565 N. Lakewood, Chicago, IL 60626

This Chicago property for sale is located at 6565 N. Lakewood. The current listed sale price for Fairchild Commons is $10,200,000.

Contacts

broker

Jacob Price

Kiser Group

(773) 293-5045

Property Details

  • Property Type Multi-Family
  • Property Size 34,300 SF
  • Units 40
  • Year Built 1918
  • Date Updated Apr 26, 2024
Rogers Park is located 10 miles from downtown and is the furthest north side neighborhood in Chicago. With Lake Michigan to its east, Rogers Park spans from Devon Avenue to the south, Ridge Avenue to the west and Howard Street to the north. The area is home to Loyola University Chicago, multiple CTA Red Line stops, and is one of the most diverse neighborhoods in the city. Loyola University Chicago is an economic driver for Rogers Park with 11,919 undergraduate students. For the past three years, Loyola’s incoming first-year class has continued to break the record for the school’s largest class. The large student body population is driving restaurant and local amenity developments. Multifamily development has increased in this neighborhood, including luxury apartments like The Morgan, 415 Premier Apartments, and Albion at Loyola Station. Students have ample assess to public transportation and recreation. The CTA Red Line stops include Howard, Jarvis, Morse, and Loyola. In 2013, the Loyola stop underwent a $17 million renovation that included a plaza. Bus Routes include the #22 (Clark) and #147 (Outer Drive Express). With over one mile of publicly accessible beaches, residents enjoy the natural amenity and beauty of Lake Michigan.Kiser Group has been exclusively engaged to market for sale Fairchild Commons, located at 6565 N. Lakewood, a unique 40-unit courtyard style building. This property is located in Chicago's Rogers Park neighborhood, just 0.2 miles from the Loyola Redline stop, and 0.3 miles from the Loyola University Campus. The building features a strong unit-mix with large apartments, comprised of twenty-one (21) one bedroom/one bathroom units, ten (10) two bedroom/one bathroom units, six (6) three bedroom/one bathroom units, and three (3) three bedroom/two bathroom units. Ownership completed a renovation of the property in June of 2020. The scope of work included building electrical, plumbing and mechanicals. Units were modernized with updated kitchens/baths, and open floor plans were created, featuring new windows to maximize natural light. Fairchild Commons offers the opportunity to acquire a well-renovated 40-unit courtyard building, with a desirable unit-mix, perfect for Loyola students as the campus is just 0.3 miles away.

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Highlights

  • Located 0.2 miles from the Loyola Redline Station and 0.3 miles from the Loyola University Campus
  • Renovated unit-mix
  • Twenty-one (21) one bedroom/one bathroom units, ten (10) two bedroom/one bathroom units, six (6) three bedroom/one bathroom units, and three (3) three bedroom/two bathroom units
  • 100% occupancy

Getting around

  • 92/100

    Walk Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Rogers Park
  • Zip Code 60626
  • Market Chicago

Points of Interest

  • Loyola

    0.13 miles

  • Morse

    0.45 miles

  • Granville

    0.57 miles

  • Rogers Park

    0.82 miles

  • Thorndale

    0.84 miles

  • Jarvis

    1.02 miles

  • Howard

    1.28 miles

  • Bryn Mawr

    1.30 miles

  • Skyline Chicago Limo

    1.89 miles

  • South Boulevard

    1.92 miles

  • Citgo

    0.36 miles

  • Shell

    0.48 miles

  • Marathon

    0.54 miles

  • BP

    0.73 miles

  • Shell

    0.73 miles

  • Amoco

    0.95 miles

  • Citgo

    1.02 miles

  • Shell

    1.14 miles

  • Mobil

    1.18 miles

  • Marathon

    1.34 miles

  • Loyola Parking Structure

    0.31 miles

  • 7331 N Sheridan Self-Park

    0.88 miles

  • Howard Park & Ride

    1.20 miles

  • Evanston Lot 39

    2.11 miles

  • Budget Rental Parking Lot

    2.13 miles

  • Parking Lot 42

    2.18 miles

  • Park Plaza Parking Lot

    2.23 miles

  • Evanston Lot 24

    2.42 miles

  • Swedish Covenant Hospital

    2.67 miles

  • Ravenswood Medical Center

    2.75 miles

  • Hampton Inn Chicago North-Loyola Station

    0.11 miles

  • Super 8 by Wyndham Chicago

    0.85 miles

  • Heart O' Chicago Motel

    0.92 miles

  • Apache Motel

    2.05 miles

  • Guest House Motel

    2.06 miles

  • O-Mi Motel

    2.08 miles

  • The Guesthouse Hotel

    2.16 miles

  • Summit Motel

    2.24 miles

  • Diplomat Motel

    2.30 miles

  • Ceci's House

    2.35 miles

  • Target

    0.23 miles

  • Devon Market

    0.32 miles

  • Morse Fresh Market

    0.47 miles

  • ALDI

    0.51 miles

  • Whole Foods Market

    0.77 miles

  • Cermak Fresh Market

    0.84 miles

  • Satina World Market

    1.02 miles

  • Rahmat Grocery and Zabiha Halal Meat

    1.14 miles

  • Target

    1.22 miles

  • Par-Birdie Foods

    1.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jacob Price

Kiser Group

(773) 293-5045