2434 N Albany Avenue
Chicago, IL, 60647 $ 1,050,000
Bedrooms7 Baths3.0 Sq 3,200 Monthly Estimate*
$ 6,465
for $1,050,000 with 7 bedrooms and 3 full baths. This 3,200 square foot home was built in 1910.
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 $30,000 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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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1910
Township North Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 77440
County Cook
Net Operating Income 55606
Insurance Expense 3134
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 1515
Total Rooms 20
Status New
Directions Kedzie Blvd East on Albany Ave. Albany is a 1-way street
City Chicago
High School District 299
MLS Area CHI - Logan Square
Tax Annual Amount 15320.41
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 1864
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Full Walk-Out Access
Total Bedrooms 7
Room Type Foyer Sun Room
Total Baths 3
Bedrooms Possible 7
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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ExteriorExterior Amenities Balcony
Parking Features Off Alley Yes Owned
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 33x137x25x115
Waterfront Y/N N
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* Excluded FeaturesList Bychrissy.sullivan@bairdwarner.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,465
- Monthly Property Taxes
- $1,277
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $625,853
Percent of Sale Price 40%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $1,050,000 | | Listed Price |