CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 2701 N. 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.
Since its founding in 1990, Essex has grown to become the Chicago area’s premier investment real estate brokerage company. Our expertise, integrity, and consultancy approach has resulted in our achieving the leading market share and earning the confidence of Chicago’s most prominent real estate investors. If you are seeking to buy or sell multi-family, mixed-use, retail, or other investment real estate, or simply require market information, we are committed to providing you with the highest level of service possible.