IL
Cook
Chicago
60618
3038 N Albany Avenue, Chicago, IL 60618
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Listing Type
Multi Family
Listing Status
Active Under Contract
36
$999,900

Home Details for 3038 N Albany Avenue

Price
$999,900
Type
Residential Income
Bedrooms
7
Bathrooms
4.0
Square feet
NaN
Year built
1912
Lot size acres
0.07
County
Cook
Total rooms
15
Garage
2
Basement
Sump Pump, Finished, Full
Days on site
14
MLS Listing#
12559280
Property Description

Well-Maintained Brick 3-Flat + Garden Unit - Prime Chicago Investment Opportunity. Solid brick 3-flat with a garden apartment in Avondale, offering a strong blend of current cash flow and future value-add potential. The property features 3 spacious 2-bedroom / 1-bath units and a 1-bedroom / 1-bath garden apartment, making it ideal for both investors and owner-occupants. The upper units feature hardwood floors throughout, and select units have already been upgraded with newer kitchens and updated bathrooms. Additional units remain in more classic condition, presenting a clear opportunity for a buyer to increase rents through further improvements. The building has been exceptionally well maintained with many major capital improvements already completed. Some improvements include, upgraded 100 amps electrical, complete basement main plumbing overhaul in 2015, unit #1 updated in 2014, unit #2 updated in 2019. Each unit features their own laundry and separate utilities; tenants pay all their own utilities. With the heavy lifting already done, this property offers peace of mind alongside upside potential. Whether you're looking for a true armchair investment or a perfect house-hacking opportunity, this Chicago brick 3-flat checks all the boxes for long-term stability and growth all in a great location!

Property Features
  • Parking
    • Garage Door Opener
    • Detached
    • Garage
  • Basement
    • Sump Pump
    • Finished
    • Full
  • Heating Information
    • Natural Gas
    • Baseboard
  • Water Features
    • Public
Listing Courtesy: Fulton Grace Realty - 773-698-6648
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-02-25 02:50:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-25 02:50:33
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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