2838 N Albany Ave - Apartments FOR SALE


Chicago, IL 60618- Logan Square
$2,050,000 USD
312-361-1646
2838 N Albany Ave, Chicago, IL for Sale
$2,050,000 USD
Apartments - FOR SALE
1/10
null | 6.09% Cap Rate

2838 N Albany Ave
Chicago, IL 60618
Logan Square


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Desirable Brick Construction
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2838 N Albany Avenue in Chicago, IL (the “Property”). The multi-story brick building contains four (4) 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 6,400 square feet of gross area. The Property is situated upon a 0.12-acre parcel and has on-street parking. 2838 N Albany Avenue is well-positioned in Chicago's vibrant Logan Square neighborhood, offering strong access to the area's thriving retail corridors, established residential communities, and nearby employment centers. The property benefits from excellent connectivity via Milwaukee Avenue, Diversey Avenue, and Fullerton Avenue, with convenient access to Interstate 90/94 (Kennedy Expressway), providing efficient regional connectivity throughout the City of Chicago, O'Hare International Airport, and the greater Chicagoland area.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

8

PRICE/UNIT

$256,250

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-3, Chicago

APN/PARCEL ID

13-25-130-021-0000

ASK ABOUT THIS PROPERTY

Micah WeisHorvath & TremblayMore Info
312-361-1646

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Micah WeisHorvath & TremblayMore Info
312-361-1646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.