Property Overview

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.

Highlights

  • 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

Key Details

Asking Price
$1,700,000
Number Of Units
10