Essex Realty Group Brokers the Sale of a Multi-Family Building in Logan Square
June 22, 2017 11:10 AM
2701 North Albany Avenue, a five-unit apartment building located just 2 blocks east of Kedzie in Chicago's Logan Square neighborhood. The property is comprised of three 2 bed/1 bath units, one of which is a garden, and two 3 bed/1 bath units. The property is situated on the northeast corner of Schubert and Albany.
The property sits in an unbeatable location as it is a 4-minute walk to the Logan Square CTA Station and the Square, which is surrounded by several popular bars and restaurants including: Longman & Eagle, Lula Cafe, Dunlays on the Square, Reno, and Parts & Labor to name a few. The Logan Square neighborhood has seen tremendous population growth over the past few years as tenants across the city have re-located to the booming neighborhood for its excellent transportation options as well as excellent proximity to critically acclaimed restaurants and bars.
The sale price was approximately $1,512,500.
Jim Darrow and Jordan Gottlieb represented the seller and Jordan Multack represented the buyer on the transaction.