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Listed by Jack Doyleof Essex 312, LLC
-
Est. payment /mo
Price Dropped by $50K
3136 W Logan BLVD Chicago, IL 60647
13 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Logan Boulevard
MLS Listing ID 12652469
Bedrooms 13
Year Built 1908
Annual Tax Amount $22,577
Tax Year 2024
Lot Dimensions 5022
Property Sub-Type Two to Four Units
Property Description
Four-unit vintage brick apartment building located along one of Logan Square's most iconic and sought-after residential corridors. The property consists of 4,860 rentable square feet across a desirable unit mix of (1) two-bedroom, (1) three-bedroom, and (2) four-bedroom units, offering a strong blend of unit sizes that appeal to both owner-occupants and long-term rental demand. Constructed in 1908, the building showcases classic Chicago architecture with a prominent stone facade and turreted frontage, while offering functional interior layouts that provide significant upside through interior renovations and rent optimization. All units are currently leased on a month-to-month basis, presenting a clear path for a new owner to reposition the asset through strategic capital improvements or incremental rent growth. This property is in full compliance with the Northwest Preservation Ordinance. Positioned on Logan Boulevard, a historically significant, tree-lined thoroughfare, the property benefits from strong tenant demand, proximity to transit, and long-term appreciation drivers. There's an add-value opportunity to develop an additional garden unit in the rear of the building. This property is zoned RS-3 and is eligible for at least one ADU by right. Area currently has a bathroom and electric (buyer to verify zoning and compliance).
Location
State IL
County Cook
Community Park
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Flat
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick,Stone
New Construction false
Schools
Elementary Schools Avondale Elementary School
Middle Schools Logandale Middle School
High Schools Schurz High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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