$1,075,000
1925 N Albany Avenue
Chicago, IL, 60647
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.
Property Details
Price:
$1,075,000
MLS #:
MRD12267290
Status:
Active
Beds:
0
Baths:
0
Address:
1925 N Albany Avenue
Type:
Multi Family
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Jan 9, 2025
State:
IL
ZIP:
60647
Year Built:
1902
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Parking Spots
2
Roof
Flat
Financial
Tax Year
2023
Taxes
$9,948
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1925 N Albany Avenue
Chicago, IL
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