Three-Unit Multifamily
2936 North Allen Avenue, Chicago, IL 60618
For Sale
Contact for pricing
Two permitted apartments and a non-conforming attic residence comprise the building’s three-unit layout.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market15
Property Features for 2936 North Allen Avenue
General Information
Standard status
Net Rentable
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Listing Agency:
Baird & Warner
Listed By:
Mitir Patel · License IL #475157343
(773) 209-4785
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 10 at 9:13AM
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 Baird & Warner
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Investment Insights
Based on property information with market context.
This 1896-built multifamily property contains 1,572 SF of net rentable space on a 3,075 SF lot. Its three residences include two legal apartments and a non-conforming attic unit with sloped ceilings. Interior finishes include updated kitchens with white cabinetry and stainless steel appliances, hardwood floors in living areas and bedrooms, and ceiling fans. Building systems include gas forced-air heat, copper plumbing, vinyl windows, an asphalt-shingle roof, and separately metered electric service updated in 2016.
All three units are leased through mid-2027. The property is in Avondale near Logan Square, with Milwaukee Avenue retail, the Belmont Blue Line, the Kennedy Expressway, and Logan Square parks and amenities in the surrounding area. The in-place cap rate is 5.38%.
All three units are leased through mid-2027. The property is in Avondale near Logan Square, with Milwaukee Avenue retail, the Belmont Blue Line, the Kennedy Expressway, and Logan Square parks and amenities in the surrounding area. The in-place cap rate is 5.38%.
Key Highlights
- Three residences: two legal apartments and one non‑conforming attic unit
- 1,572 SF of net rentable area on a 3,075 SF lot
- 1896 construction; electric service meters updated in 2016
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,054
Businesses Nearby
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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
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Market
Properties on Market for Triplexes in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Two permitted apartments and a non-conforming attic residence comprise the building’s three-unit layout.
Where is this triplex located?
The property is located at 2936 North Allen Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Three residences: two legal apartments and one non‑conforming attic unit; 1,572 SF of net rentable area on a 3,075 SF lot; 1896 construction; electric service meters updated in 2016
