Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12657593MLS Provider

2434 N Albany AvenueChicago, IL 60647

Multi-Family · 7 Beds
$1,050,000 Active

2434 N Albany Avenue Overview

Time on Site:
18 days
Visits:
0

Beautifully renovated 2-flat with additional non-conforming garden unit on a tree-lined street just steps from Logan Square's thriving Milwaukee Avenue corridor. Meticulously maintained and thoughtfully updated with over $40,000 in recent capital improvements, this classic all-brick building blends timeless Chicago character with modern functionality, smart-home features, and strong rental performance with $77,340 in total income in 2025. The property consists of two above-grade residences: a top-floor 3 bed/1 bath and a first-floor 2 bed/1 bath, plus a freshly painted 2 bedrooms /1 bath non-conforming garden unit offering owner-occupant flexibility and possible duplex-down potential. The first and second floor units feature renovated kitchens and bathrooms with granite countertops, newer appliances, and wood cabinetry with soft-close drawers. They also offer separate living and dining rooms, generous bedroom sizes, rear sunrooms ideal for home offices, and outdoor porch access. The large sun-filled garden apartment features great ceiling height, bamboo flooring throughout, an updated bathroom, white kitchen cabinetry with granite countertops, two generously sized bedrooms, and an additional flex space ideal for a dining area, office, or workout space. The building has original woodwork, hardwood floors, and built-in details that preserve its vintage charm, while updated lighting, CENTRAL A/C, separate gas FURNACES, newer electric panels, brand new COPPER water service line (full lead line replacement completed), NEST smart thermostats, and keyless smart-lock entry systems provide modern convenience and peace of mind. The building is separately metered, with tenants paying their own utilities, creating efficient operations for investors and owners. Additional amenities include common commercial-grade laundry (not coin), beautiful landscaping, fenced front and backyards with a raised garden bed, a covered brussels block patio, a large common second-floor rear deck, and a 2.5-car exterior parking pad. Ideally situated close to both the Logan Square and California Blue Line stations, Milwaukee Ave dining & nightlife, and neighborhood favorites including the Logan Square Farmers Market. This is an exceptional opportunity for owner-occupants or investors seeking a turn-key property in one of Chicago's premier neighborhoods.

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2434 N Albany Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 77440
  • Insurance Expense: 3134
  • Maintenance Expense: 1515
  • Net Operating Income: 55606
  • Water Sewer Expense: 1864

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Logan Square
  • Township: North Chicago

Tax Information

  • Tax Annual Amount: $15,320.41
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13253250270000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 3

General Information

  • Basement: Finished, Full, Walk-Out Access
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 20

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 33x137x25x115
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Exterior Features: Balcony
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2325
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 2420
  • Beds Total: 3
  • Baths Total: 1

2434 N Albany Avenue Neighborhood

Community

60647 (CHICAGO) Demographics

32
Median Age
21,129
Population Density (per sq. mile)
62%
College Educated
$82,433
Estimated Median Income
13,520
Estimated Total Home Owners
22,512
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2434 N Albany Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2434 N Albany Avenue Market Data

Based on the last 30 days in this zip code

$833,664
Average List Price
$749
Average Price per Square Foot
66
Properties Sold
41
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

2434 N Albany Avenue History

Date Event Value Agent
6/16/2026Source: MRED Status Change
Active
6/11/2026Source: MRED Added to Database
June 11, 2026
7/29/2022Source: MRED Status Change
Closed
6/27/2022Source: MRED Status Change
Contingent
6/20/2022Source: MRED Added to Database
June 07, 2022
6/12/2022Source: MRED Status Change
Active