2436 Albany Avenue, Logan Square, Chicago, Illinois 60647
$1,249,900
|
For Sale
|
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1915 |
| Property Taxes: | $15,474 |
| Days On Market: | 5 |
| Lot Size: | 0,00 |
Description
2436 North Albany Avenue presents the opportunity to acquire a well-maintained, all-brick three story, as well as 3-unit property, in the heart of Logan Square, one of Chicago's most sought-after and rapidly appreciating neighborhoods. The property consists entirely of spacious 3-bedroom layouts, including a large duplex unit, and offers investors a strong combination of stable in-place income and meaningful rental upside. Current rents are below market in attempt to keep high quality tenants. This provides a clear path for a new owner to increase revenue without major renovation requirements. The property also features separate HVAC systems, updated mechanicals, front balconies/ back porches, and a 2-car garage on a picturesque street right off of Kedzie Boulevard. Recent multifamily sales in the immediate area further support the long-term strength and desirability of the submarket. This legal three unit building is walking distance from the Logan Square Farmers Market, two separate blue line stops and countless award winning bars and restaurants. With large unit sizes, strong tenant appeal, separate HVAC systems, outdoor spaces, garage parking, and below-market rents, 2436 North Albany Avenue is an ideal opportunity for investors seeking a stable asset with immediate rental upside and long-term appreciation in one of Chicago's premier multifamily neighborhoods.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1915 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
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| — / — | |
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| 12658431 | |
| 13253250260000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Avondale Elementary School |
299 | — | |
|
Middle School
Logandale Middle School |
299 | Not in DB | |
|
High School
Clemente Community Academy Senio |
299 | Not in DB | |
|
Alternate Elementary School
Darwin Elementary School |
— | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Jun, 2024 | Sold | $95,500 | MRED MLS |
| 23 May, 2024 | Under contract | $99,500 | MRED MLS |
| 23 Apr, 2024 | Listed for sale | $100,000 | MRED MLS |
| 27 May, 2026 | Listed for sale | $1,249,900 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
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| 25 x 130 | |
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| Not in DB | |
| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $838 |
| 2026 | $15,474 |
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Listing Provided By
Essex 312, LLC
