Legal 3-Unit Multifamily
For Sale
$1,300,000
2901 N SACRAMENTO Avenue, Chicago, IL 60618
Fully renovated income property with separate utility accounts, updated kitchens, in-unit laundry, and a shared garage.
Property SizeContact for details
Days on Market9
Property Features for 2901 N SACRAMENTO Avenue
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 3 bed/Den/1 full bath, 1 x 3 bed/1bth, 1 x 4 beds/2 full baths
Multifamily Units
3
Amenities
forced air heat
gas heat
dishwasher
microwave
refrigerator
range
washer and dryer
common backyard
Natural Gas
Asphalt
Building Details
Year Built
1887
Buildings
1
Listing Agency:
Jameson Sotheby's Int'l Realty
(312) 927-0334
Listed By:
Sophia Klopas
(312) 927-0334
Source:
Kw
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 20 at 7:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
This legal three-unit multifamily property at 2901 N Sacramento Avenue has been fully gutted and rebuilt, with almost 5k sqft of above-grade space and no basement. The first-floor residence includes 3 bedrooms, a den, and 1 full bath. The second unit offers 3 bedrooms and 1 bath, while the third is a duplex with 4 bedrooms, 2 full baths, and a large storage room. Each residence has forced air and gas heat, a new kitchen with a dishwasher, microwave, refrigerator, and range, plus its own washer and dryer.
All units are separately metered for gas and electricity. Ownership is responsible for water, common insurance, common-area lighting, and garage power. The property also includes a common backyard and 2-car garage. Located in Chicago’s Logan/Avondale area, the building is presented as a fully updated multifamily asset with potential for conventional occupancy, owner occupancy, or a combination of long- and short-term rental use. Stabilized operations are identified with a cap rate over 8%.
All units are separately metered for gas and electricity. Ownership is responsible for water, common insurance, common-area lighting, and garage power. The property also includes a common backyard and 2-car garage. Located in Chicago’s Logan/Avondale area, the building is presented as a fully updated multifamily asset with potential for conventional occupancy, owner occupancy, or a combination of long- and short-term rental use. Stabilized operations are identified with a cap rate over 8%.
Key Highlights
- Legal 3‑unit building with almost 5k sqft of above‑grade space
- Unit mix includes 3 bed/Den/1 full bath, 3 bed/1 bath, and 4 beds/2 full baths
- All units have new kitchens, dishwashers, microwaves, refrigerators, ranges, washers, and dryers
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,200
Businesses Nearby
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated income property with separate utility accounts, updated kitchens, in-unit laundry, and a shared garage.
Where is this triplex located?
The property is located at 2901 N SACRAMENTO Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Legal 3‑unit building with almost 5k sqft of above‑grade space; Unit mix includes 3 bed/Den/1 full bath, 3 bed/1 bath, and 4 beds/2 full baths; All units have new kitchens, dishwashers, microwaves, refrigerators, ranges, washers, and dryers
