2436 North Albany Avenue

Situated just steps from the Milwaukee Avenue corridor and CTA Blue Line, the property is ideally located in the heart of Logan Square, one of Chicago’s most vibrant and walkable neighborhoods. Residents enjoy immediate access to some of the city’s most popular restaurants, bars, coffee shops, and boutique retailers along Milwaukee Avenue, Diversey Avenue, and Fullerton Avenue. The neighborhood is known for its lively nightlife, historic boulevards, and strong community atmosphere, while nearby parks and green spaces provide additional outdoor recreation opportunities. Convenient access to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway allows for an easy commute to Downtown Chicago, O’Hare Airport, and surrounding neighborhoods including Bucktown, Wicker Park, and Avondale.2436 North Albany Avenue presents the opportunity to acquire a well-maintained, all-brick 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 approximately 10.7% below market, with the two 3 Bed / 1 Bath units averaging approximately 13.6% below market rents and the duplex unit approximately 6.0% below market. 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, and a 2-car garage. Recent multifamily sales in the immediate area further support the long-term strength and desirability of the submarket. With large unit sizes, strong tenant appeal, separate HVAC systems, 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.