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.
