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Updated Three-Unit Apartment Building
New
For Sale
$700,000

3304 N Albany Avenue, Chicago, IL 60618

Each residence has its own utilities and in-unit laundry.

Property SizeContact for details
Days on Market5

Property Features for 3304 N Albany Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $12,907
Listing Agency: Raider Realty LLC.
Listed By: Jason Raider
Source: Dawnmckennagroup
Added: Sep 28 Changed: Sep 30 Last Checked: Oct 1 at 3:39PM

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 Raider Realty LLC.

Investment Insights

Based on property information with market context.

This three-unit residential property contains updated apartments, each with separate utilities and in-unit laundry. The lot measures 37.5 by 125 feet, and the property is offered in as-is condition.

Located on N Albany Avenue in Chicago, the property has access to the Blue Line and nearby highways, with routes toward downtown, O’Hare and Logan Square. It falls under the Northwest Side Preservation Ordinance, which gives tenants a right of first refusal.

Key Highlights

  • Three apartments, each with separate utilities and in‑unit laundry
  • 37.5‑by‑125‑foot lot
  • Within the Northwest Side Preservation Ordinance jurisdiction; tenants may have a right of first refusal

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Butcher Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

1,882
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has its own utilities and in-unit laundry.
Where is this triplex located?
The property is located at 3304 N Albany Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three apartments, each with separate utilities and in‑unit laundry; 37.5‑by‑125‑foot lot; Within the Northwest Side Preservation Ordinance jurisdiction; tenants may have a right of first refusal
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