REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fred Venturini

[email protected] +1(618) 322-9764

$ 1,249,900

Est. payment -/mo

Save

New

2436 N Albany AVE Chicago, IL 60647

9 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12658431

Bedrooms 9

Year Built 1915

Annual Tax Amount $15,474

Tax Year 2024

Lot Dimensions 25 x 130

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Logan Square

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Avondale Elementary School

Middle Schools Logandale Middle School

High Schools Clemente Community Academy Senio

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Jack Doyle of Essex 312, LLC

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

Get More Information

Quick Search