2436 N Albany Avenue , Chicago, IL 60647

$1,249,900
  • 2436 N Albany Avenue , Chicago, IL 60647 Main Photo

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New to the Market New
BEDS9 BATHS4 full MLS#12658431
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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.

2436 N Albany Avenue | MLS# 12658431

This multi-family property located at 2436 N Albany Avenue , Chicago, IL 60647 is currently listed for sale with an asking price of $1,249,900. N Albany Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 25 x 130
Roof Type: Asphalt
Taxes: $15,474
Year Built: 1915

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25 x 130
Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Parcel#: 13253250260000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 21
Township: West Chicago
Water: Lake Michigan

Local Schools

High School: Clemente Community Academy Senio
Middle School: Logandale Middle School
Elementary School: Avondale Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Essex 312, LLC
Agency Phone: 773-305-4858

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Estimated Payment

$ 4,435.79 per month $2,781.74 Principal & Interest $1,289.50 Property Tax $364.55 Homeowner's Insurance

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