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



29 more





























Presented By: Essex 312, LLC
Home Details
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.
Presented By: Essex 312, LLC
Interior Features for 2436 N Albany Avenue
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementPartially Finished, Full
Total Number of Units3
General for 2436 N Albany Avenue
CityChicago
Construction MaterialsBrick
ContingencyOther Contingency
CountyCook
DirectionsN Kedzie Blvd to N Albany Ave
Elementary SchoolAvondale Elementary School
Elementary School District299
Garage Spaces2
Gross Income91080
HeatingNatural Gas
High SchoolClemente Community Academy Senio
High School District299
MLS AreaCHI - Logan Square
Middle/Junior High SchoolLogandale Middle School
Middle/Junior School District299
Net Operating Income44743
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount15474
Tax Year2024
Total Rooms21
TownshipWest Chicago
Year Built1915
Exterior for 2436 N Albany Avenue
Exterior AmenitiesBalcony
Lot Dimensions25 x 130
Other EquipmentCO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Clemente Community Academy Senio High School
Elementary School
Avondale Elementary School
Middle School
Logandale Middle School

SQFT • 3,700