Listed by Koenig & Strey Real Living, Dream Town Realty
$1,050,000
2434 N Albany Avenue
Details
APN 13253250270000
Property Type Multifamily
Sub Type Apartment Building
NOI $55,606
Year Built 1910
Zoning MULTI
Parking Spaces spaces
Multifamily
Marketing description
Beautifully renovated 2-flat with additional non-conforming garden unit on a tree-lined street just steps from Logan Square's thriving Milwaukee Avenue corridor. Meticulously maintained and thoughtfully updated with over $40,000 in recent capital improvements, this classic all-brick building blends timeless Chicago character with modern functionality, smart-home features, and strong rental performance with $77,340 in total income in 2025. The property consists of two above-grade residences: a top-floor 3 bed/1 bath and a first-floor 2 bed/1 bath, plus a freshly painted 2 bedrooms /1 bath non-conforming garden unit offering owner-occupant flexibility and possible duplex-down potential. The first and second floor units feature renovated kitchens and bathrooms with granite countertops, newer appliances, and wood cabinetry with soft-close drawers. They also offer separate living and dining rooms, generous bedroom sizes, rear sunrooms ideal for home offices, and outdoor porch access. The large sun-filled garden apartment features great ceiling height, bamboo flooring throughout, an updated bathroom, white kitchen cabinetry with granite countertops, two generously sized bedrooms, and an additional flex space ideal for a dining area, office, or workout space. The building has original woodwork, hardwood floors, and built-in details that preserve its vintage charm, while updated lighting, CENTRAL A/C, separate gas FURNACES, newer electric panels, brand new COPPER water service line (full lead line replacement completed), NEST smart thermostats, and keyless smart-lock entry systems provide modern convenience and peace of mind. The building is separately metered, with tenants paying their own utilities, creating efficient operations for investors and owners. Additional amenities include common commercial-grade laundry (not coin), beautiful landscaping, fenced front and backyards with a raised garden bed, a covered brussels block patio, a large common second-floor rear deck, and a 2.5-car exterior parking pad. Ideally situated close to both the Logan Square and California Blue Line stations, Milwaukee Ave dining & nightlife, and neighborhood favorites including the Logan Square Farmers Market. This is an exceptional opportunity for owner-occupants or investors seeking a turn-key property in one of Chicago's premier neighborhoods.
Listing Contacts
Listed by Koenig & Strey Real Living, Dream Town Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,606.00
$4,633.83/mo
Valuation Metrics
0
DSCR
5.3%
Cap Rate
5.3%
ROI
Map
Zoning
RT-4 ResidentialMulti FamilyResidential Two Flat Townhouse And Multi Unit District
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View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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