2436 N Albany Avenue Chicago IL 60647 MLS #MRD12658431

MLS #MRD12658431 image #0
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 Details

Price:
$1,249,900
MLS #:
MRD12658431
Status:
Active Under Contract
Beds:
9
Baths:
4
Type:
Multi Family
Neighborhood:
chilogansquare
Listed Date:
May 27, 2026
Year Built:
1915
Chi – Logan SquareChilogansquareAvondale Elementary SchoolLogandale Middle SchoolClemente Community Academy Senio

Schools

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

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Exterior Features
Balcony
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt

Financial

Net Operating Income
$44,743
Tax Year
2024
Taxes
$15,474

Listing Agent & Office

Jack Doyle
Essex 312, LLC

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