3136 W Logan Blvd - Multi-Family FOR SALE


Chicago, IL 60647- Logan Square
$1,950,999 USD
708-899-0453
3136 W Logan Blvd, Chicago, IL for Sale
$1,950,999 USD
Multi-Family - FOR SALE
1/46
null | 3.31% Cap Rate

3136 W Logan Blvd
Chicago, IL 60647
Logan Square


HIGHLIGHTS

  • Four-unit vintage brick building on iconic Logan Boulevard
  • 4,860 SF with large 2–4 bedroom units
  • Classic 1908 Chicago architecture with stone façade and turret
  • Month-to-month leases allow immediate value-add and rent growth
  • Prime Logan Square location with strong rental demand and upside

OVERVIEW

A four-unit vintage brick apartment building located along one of Logan Square’s most iconic and sought-after residential corridors. The property consists of 4,860 rentable square feet across a desirable unit mix of (1) two-bedroom, (1) three-bedroom, and (2) four-bedroom units, offering a strong blend of unit sizes that appeal to both owner-occupants and long-term rental demand. Constructed in 1908, the building showcases classic Chicago architecture with a prominent stone façade and turreted frontage, while offering functional interior layouts that provide significant upside through interior renovations and rent optimization. All units are currently leased on a month-to-month basis, presenting a clear path for a new owner to reposition the asset through strategic capital improvements or incremental rent growth. Positioned on Logan Boulevard, a historically significant, tree-lined thoroughfare, the property benefits from strong tenant demand, proximity to transit, and longterm appreciation drivers. 3136 W Logan Boulevard represents an attractive acquisition for investors seeking a core Logan Square asset with meaningful valueadd upside, as well as owner-occupants looking to establish a long-term foothold in one of Chicago’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$1,950,999 USD

PRICE/SF

$401 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,750

CAP RATE

3.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,022 SF

ZONING

-

APN/PARCEL ID

13-25-308-019-0000

ASK ABOUT THIS PROPERTY

Jack DoyleEssex 312, LLCMore Info
708-899-0453

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Jack DoyleEssex 312, LLCMore Info
708-899-0453

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