$1,260,000

2436 N Albany Avenue, Chicago IL, 60647

Built in1915

Property typeMulti-family

Bought with Elizabeth Lothamer with Compass and Listed by Jack Doyle with Essex 312, LLC 773-305-4858

Overview

Sold

Closed

Listed May 27, 2026

Updated Aug 3

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.

Additional information

MLS^® ID: 12658431

Interior Features

Bedrooms: 9
Bathrooms: 4
Heating: Yes
Basement: Yes

Other Property Details

Taxes: $15,474
Tax Frequency: Annually
Garage: Yes

Bought with Elizabeth Lothamer with Compass and Listed by Jack Doyle with Essex 312, LLC 773-305-4858

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Based on information submitted to the MLS GRID for MRED 8/3/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

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