Essex Realty Group Brokers the Sale of a 7 Unit Building in Logan Square
April 27, 2018 11:19 AM
2058 North Albany Avenue is a seven-unit multi-family property located just north of Armitage on the corner of Albany and Dickens. The seven units are divided between a six flat and a rear frame coach house unit. The front building features six 2 bed/1 bath simplex units while the coach house is 3 bed/2 bath duplex that lives like a single-family home.
Logan Square is located approximately three miles northwest of Chicago’s Central Business District. In the past several years, the area has enjoyed booming growth in population and popularity with Chicago’s residents, as evidenced by the opening of a variety of new retail developments and popular bars and restaurants. The neighborhood’s rich culture, proximity to downtown, and unique commercial offerings appeal greatly to the millennial population who desire communities with vibrant character and eclectic charm.
The sale price was approximately $1,642,500.
Jim Darrow and Jordan Gottlieb represented the seller and Brian Mond represented the buyer on the transaction.