Multifamily Housing
2313 North Albany Avenue Chicago, IL 60647
Details & Description
Call for Pricing
    Essex Realty Group, Inc. has been exclusively engaged to market for sale, 2313 North Albany Avenue, located in Chicago’s popular Logan Square neighborhood. The property includes 9 spacious 1 bed/1 bath and 2 bed/1 bath apartments. The apartments are all extremely well laid-out and feature hardwood floors, white kitchen appliances, laminate countertops, oak cabinetry, plentiful closet space, back decks, separate gas-forced heat and shared laundry in the basement. An opportunity exists for an investor to further improve upon the property by upgrading kitchens and baths, and adding washers & dryers to each unit. These improvements would allow for current rents to be raised to market levels in a great neighborhood with a large and consistent rental market.The property is situated on the southeast corner of Albany Avenue and Medill Avenue, only 3 blocks north of popular Palmer Square Park, and is conveniently located a half mile from both the Logan & California Blue line L stops. Quick access to both CTA Stations, as well as numerous bus stops offers tenants excellent public transportation options. 2313 North Albany sits in a prime location of Logan Square as the property is close to an endless choice of charming restaurants, local bars and entertainment options, making this an excellent opportunity that does not come available often
    Listing Agents
    Jim Darrow

    O: 773-305-4920
    jimdarrow@essexrealtygroup.com
    Jordan Gottlieb
    Essex Realty Group
    O: 773-305-4922
    jordangottlieb@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2313 North Albany Avenue

    Chicago, IL 60647

    Listing ID: 236213
    2313 North Albany Avenue Chicago, IL 60647 | for Sale | Photo 1
    Building Size: 9,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Essex Realty Group, Inc. has been exclusively engaged to market for sale, 2313 North Albany Avenue, located in Chicago’s popular Logan Square neighborhood. The property includes 9 spacious 1 bed/1 bath and 2 bed/1 bath apartments. The apartments are all extremely well laid-out and feature hardwood floors, white kitchen appliances, laminate countertops, oak cabinetry, plentiful closet space, back decks, separate gas-forced heat and shared laundry in the basement. An opportunity exists for an investor to further improve upon the property by upgrading kitchens and baths, and adding washers & dryers to each unit. These improvements would allow for current rents to be raised to market levels in a great neighborhood with a large and consistent rental market.

    The property is situated on the southeast corner of Albany Avenue and Medill Avenue, only 3 blocks north of popular Palmer Square Park, and is conveniently located a half mile from both the Logan & California Blue line L stops. Quick access to both CTA Stations, as well as numerous bus stops offers tenants excellent public transportation options. 2313 North Albany sits in a prime location of Logan Square as the property is close to an endless choice of charming restaurants, local bars and entertainment options, making this an excellent opportunity that does not come available often

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

    Chicago Area Market Trends

    Listing Demographics for 2313 North Albany Avenue Chicago, IL 60647

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population74,274525,0281,313,084
    Population Median Age343436
    Population by Age0-9 Yrs8299 (11%)65547 (12%)146453 (11%)
    10-19 Yrs6332 (8%)51805 (9%)123587 (9%)
    20-29 Yrs17699 (23%)109461 (20%)267665 (20%)
    30-39 Yrs17916 (24%)112897 (21%)263316 (20%)
    40-49 Yrs9715 (13%)70235 (13%)166880 (12%)
    50-59 Yrs6180 (8%)50374 (9%)139586 (10%)
    60-69 Yrs4499 (6%)36553 (6%)112646 (8%)
    70+ Yrs3633 (4%)28157 (5%)92951 (7%)
    Median HH Income$74,291$78,835$73,103
    Total Household Income< 24K5032 (17%)33294 (16%)105105 (19%)
    25-49K5124 (17%)33738 (16%)94475 (17%)
    50-74K4745 (16%)29474 (14%)80821 (14%)
    75-99K3863 (13%)23343 (11%)64737 (11%)
    100-199K7840 (26%)50513 (25%)131980 (24%)
    200K+2950 (9%)29815 (14%)72371 (13%)
    Highest Education LevelNo Diploma600552513116218
    Diploma or GED1092465322164290
    Some College634747443131338
    Assoc. Degree28561744346327
    Bachelors Degree18050115205286297
    Higher Degree972070643198595
    Total Housing Units32,679222,196617,722
    --Owner-Occupied10,75387,122230,320
    --Renter-Occupied18,800113,056319,168
    Owner-Occupied Values< 100K272348710708
    100-199K780929131477
    200-299K22051641352587
    300-399K25271552943621
    400-499K17891129128083
    500K+31803111263844
    Total Working Age Population62,122427,9361,092,339
    In Work Force48,444322,809787,114
    Not In Work Force13,678105,127305,225
    Workforce Employed46,596308,119745,673
    Workforce Unemployed1,84914,62041,078
    Civlian Workforce48,444322,739786,751
    Military Workforce070363
    Total Households29,553200,178549,488
    Family Households14,540106,939265,048
    Non-Family Households15,01393,239284,440
    Married Couple10,00474,008180,909
    Other Family4,53632,93184,140
    Married w/Child4,14034,09672,842
    Single Male w/Child3413,5038,278
    Single Female w/Child1,51911,25129,514

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 2313 North Albany Avenue in Chicago is 9,000 square feet
    What is the population within 1 mile of 2313 North Albany Avenue in Chicago?
    The population within 1 mile of 2313 North Albany Avenue Chicago, IL 60647 is 74,274 people.
    Who do I contact for questions about 2313 North Albany Avenue?
    You should contact the listing agent, Jim Darrow, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 10
    Chicago O'Hare International Airport (ORD) 11
    General Mitchell International Airport (MKE) 71
    Price
    Call for Pricing
    Listing Agent
    Listing Co-Agent
    Jim Darrow - CRE Agent at Essex Realty Group

    Jordan Gottlieb

    Independent Agent
    More listings from Jim Darrow
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