Listing Back to all listings
3501 N. Albany Avenue
- Price: $1,700,000
- Number of Units: 10
- Property Type: Multi-Family
- Booming Avondale Neighborhood
- Attractive Unit Mix Consisting of Mostly 2 Bedroom Units
- Upside As-Is or Through Renovation
- Non-Conforming 11th Unit and On-Site Laundry for Additional Income
Interra Realty has been exclusively engaged to market 3501 North Albany Avenue for sale. The subject investment property is a value-add, ten unit multifamily building in Chicago’s Avondale Neighborhood.
The property features a mix of (3) one bedroom / one bathroom units and (7) two bedroom / one bathroom units. A non-conforming garden unit and laundry facility offer additional income.
A new investor has the opportunity to acquire a well maintained multifamily building in a growing Chicago neighborhood, with the ability to increase rents through more aggressive management, or modernize unit interiors for more significant increases.