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Renovated Triplex with Garden Unit
For Sale
Under Contract
$1,050,000

2434 N Albany Avenue, Chicago, IL 60647

MULTI_FAMILY - Chicago, IL

Days on Market53

Property Features for 2434 N Albany Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Basement
Parking 2
Parking features Off Alley, Owned
Patio and Porch features Deck, Patio
Exterior features Balcony
Basement Full, Walk-Out Access, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions Kedzie Blvd, East on Albany Ave. Albany is a 1-way street,
Subdivision CHI - Logan Square
Standard status Active Under Contract
APN 13253250270000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 15320

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

central A/C
NEST smart thermostats
keyless smart-lock entry systems
common commercial-grade laundry
landscaping
fenced front and backyards with raised garden bed
covered brussels block patio
common second-floor rear deck
outdoor porch access

Building Details

Year built 1910
Building materials Brick
Listing Agency: Baird & Warner
Listed By: Christine Sullivan
Added: Jun 11 Changed: Aug 1 Last Checked: Aug 2 at 11:06PM
MLS# 12657593

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated all-brick triplex featuring two above-grade residences and an additional non-conforming garden unit. The top-floor residence offers three bedrooms and one bathroom, while the first-floor residence offers two bedrooms and one bathroom. The garden unit is a two-bedroom, one-bath layout, freshly painted, providing owner-occupant flexibility and potential duplex-down options.

Inside, both above-grade units include renovated kitchens and bathrooms with granite countertops, newer appliances, and wood cabinetry with soft-close drawers. Each unit has separate living and dining rooms and rear sunrooms suited for home office use, with outdoor porch access. The garden apartment includes updated flooring and bathroom, a kitchen with white cabinetry and granite countertops, two bedrooms, and a flex space for dining, office, or workout use.

Modern systems include CENTRAL A/C, separate gas forced-air furnaces, newer electric panels, NEST smart thermostats, keyless smart-lock entry, and a brand-new copper water service line with full lead line replacement. The building is separately metered, with tenants paying their own utilities. Additional features include common commercial-grade laundry, a fenced front and back yard with a raised garden bed, covered brussels block patio, a large second-floor rear deck, and a 2.5-car exterior parking pad.

Key Highlights

  • Two above‑grade residences plus a freshly painted non‑conforming 2 bed / 1 bath garden unit
  • Central A/C, separate gas forced‑air furnaces, newer electric panels, and NEST smart thermostats
  • Brand‑new copper water service line with full lead line replacement

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Fish Market Bed & Breakfast Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,044
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated all-brick triplex with central A/C, separate metering, and a non-conforming garden unit plus outdoor decks.
Where is this triplex located?
The property is located at 2434 N Albany Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two above‑grade residences plus a freshly painted non‑conforming 2 bed / 1 bath garden unit; Central A/C, separate gas forced‑air furnaces, newer electric panels, and NEST smart thermostats; Brand‑new copper water service line with full lead line replacement
More about this property
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