Becovic Residential, a Chicago-based multifamily owner and operator, has added a five-story mixed-use development featuring sixteen residential units and one commercial space to its Northside portfolio. The Morse Glenwood, located at 1412 W. Morse in Chicago, sold for $4.225 million. The transaction was brokered by Joe Smazal with Interra Realty.
Built in 2008, the building’s residential units are laid out on large, two-bedroom/two-bathroom floor plans at roughly 1,200 square feet in size. The units were executed to condo-grade standards and include open layouts, balconies, granite countertops, hardwood flooring, new cabinetry and bathroom vanities, new high-end appliances, large closets, in-unit washer and dryers, and upscale finishes and hardware. The building also offers elevator access, a communal rooftop deck, and 15 enclosed parking spots, a rare amenity in this urban core of dining, shopping and nightlife. Utilizing a red brick façade with decorative limestone accents, the exterior appearance offers a modern take on the classic Chicago mid-rise architectural style.
The East Rogers Park building is blocks from lakefront beaches and parks, and around the corner from Loyola University, Lake Shore Drive and the Red Line CTA Station.