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1925 N Albany Avenue Chicago, IL 60647
3,049 Sqft Lot
UPDATED:
01/16/2025 01:38 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12267290
Year Built 1902
Annual Tax Amount $9,948
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 28X125
Property Description
Very strong cash flow property with 110k rental income, 79k NOI, listed at 7.3 CAP in Logan Square on actual expenses, and in place annual lease strong tenants. Beautifully renovated apartment building on quiet street with new construction all around, just 2 blocks from Palmer Square and steps away from the 606 trail. 10+ trendsetting restaurants and bars within a 5 minute walk. Easy access to CTA Blue line. Stainless steel appliances, granite/quartz countertops, refinished hardwood floors, stunningly tiled baths, and handcrafted barn door. Climate Guard HE windows. Easy free street parking plus 2 car garage can be rented for additional income, coin laundry plus laundry in 2 units, storage area for each unit. Newly landscaped with front and back patios. All brick tuck-pointed/replaced recently (10k), New siding in 2023 (21k). Newer: AC units, hot water heaters, furnaces, water pressure boost system (3K). Don't pass up this outstanding investment with strong cash flow and gorgeous owner's unit. 1/2 block to Armitage bus #73, Just blocks to the California blue line, 10min drive to 90/94. Seller and Agent make no representations or warranties as to the accuracy of the information. Buyer to verify unit count.
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Flat
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Travis Bjork • Real 1 Realty