Essex Realty Group, Inc. has been exclusively engaged to market for sale 2809 W. Logan Blvd., a beautifully maintained 4-unit greystone in the Heart of Logan Square. This property has been under the same ownership for more than 30 years, providing investors with the opportunity to acquire a rarely available asset. Notably, the property was featured in the 1998 American Romantic Comedy “Kissing a Fool”, starring David Schwimmer, and can be identified several times throughout the film.
The subject property consists of one (1) 1 Bed/1 Bath garden unit, one (1) 6-room 2 Bed/1 Bath unit, and two (2) 7-room 3 Bed/1 Bath units. Each unit features hardwood and tile floors, white appliances, central heat and air-conditioning, a private deck in the rear, as well as access to a common rooftop deck above the garage. Laundry is in-unit for the 3 bed/1 bath units and hookups are available for the 2 Bed/1 Bath unit. Coin-operated laundry is also available in the building. The property includes a one (1) car garage. An opportunity exists for an investor to increase rents significantly with unit updates and also presents an opportunity to legalize the garden unit through the city’s ADU Pilot Program.
Located just west of the Logan Blvd. / California Ave. intersection, this property sits in the quintessential residential pocket of Logan Square. The Subject Property is conveniently situated steps from several bus stops on California Ave. and only a half-mile from the California Blue Line CTA (L) Station. In addition, the neighborhood offers access to an abundance of local restaurants and bars and is considered one of the most thriving neighborhoods in Chicago.
Logan Square is located approx. 3 miles northwest of Chicago’s Loop. Over the past several years, the area has enjoyed booming growth in population and popularity with Chicago’s residents, as evidenced by the opening of a variety of new retail developments and popular new bars and restaurants. Known for its historical architecture, scenic boulevards, and expansive parks, Logan Square is regularly regarded as one of Chicago’s most thriving and sought-after neighborhoods.
The Subject Property is located on Logan Blvd., just west of the Logan Blvd. / California Ave. intersection. It is arguably the most well-located residential block in Logan Square. Logan Blvd. itself is a beautiful tree-lined street connecting “Logan Square” and Kedzie Ave., both part of the main features of the “Logan Square Boulevard Historic District”. The area was added to the National Register of Historic Places in 1985 and has been considered a Chicago Landmark since 2005. The property is located steps from several bus stops on California Ave., walking distance from an abundance of retail, restaurants, and bars on Milwaukee Ave. and a half-mile from the California Blue Line CTA (L) stop.
- A+ Logan Square Location, on Logan Blvd Within Walking Distance to California Blueline Stop
- First Time Property has been Available in 30 Years
- Extremely Well-Maintained Property with Value-Add Upside
- ADU Pilot Zone Provides Potential to Legalize In-Law Garden
- Extra Large Apartment Layouts