2436 N Albany Avenue, Chicago, Illinois 60647
- $1,249,900
- 9
- BD
- 4
- BA
- List Price
- $1,249,900
- MLS#
- 12658431
- Status
- CONTINGENT
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 9
- Bathrooms
- 4
- County
- Cook
- City
- Chicago
- Neighborhood
- Logan Square
- Days On Market
- 61
Property 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.
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Additional Information
- School District
- 299
- Elementary School
- Avondale Elementary School
- Middle School
- Logandale Middle School
- High School
- Clemente Community Academy Senio
- Corporate Limits
- Chicago
- Tax Year
- 2024
- Year Built
- 1915
- Exterior Property Features
- Balcony
- Lot Dimensions
- 25 x 130
- Lot Size Range
- Less Than .25 Acre
- Units
- 3
- Garage Spaces
- 2
- Parking Spaces
- 2
- Parking Details
- Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Basement
- Yes
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