Essex Realty Group, LLC. has been exclusively engaged to market for sale, 2828 North Lawndale Avenue, a beautifully updated 6-unit apartment building located in heart of Chicago’s high sought-after Logan Square neighborhood. This well-maintained property consists of a desirable unit mix of 1 bedroom + den and 2 bedroom apartments, making it an ideal investment opportunity in a thriving rental market.
RECENT CAPITAL IMPROVEMENTS
The building has undergone several renovations over the past 15 years including new electric service with 100 AMP panels for each unit, individual HVAC, new underground plumbing, rear porches and new modernized kitchens & bathrooms.
UPDATED & SPACIOUS APARTMENTS
These modernized apartments boast sleek interiors including hardwood floors throughout, stainless steel appliances, quartz countertops, subway tile backsplashes, modern tile designs in bathrooms, individual HVAC, laundry in-unit and rear porches. Additionally, the property includes a two-car garage.
FAVORABLE LOCATION
Situated on the north side of Logan Square, 2828 North Lawndale is perfectly positioned near public transportation and local amenities. It is less than a mile from the Logan Square and Belmont “L” stations (CTA Blue Line), providing quick access to downtown Chicago. The Healy Avenue Metra Station is also nearby, offering convenient suburban connections. Additionally, multiple bus stops are within walking distance, making commuting easy for residents. With its prime location, modern upgrades, and strong rental demand, this property presents an outstanding investment opportunity in one of Chicago’s most vibrant neighborhoods.
Logan Square, located approximately three miles northwest of Chicago’s central business district, is a multi-cultural community of arts organizations, music venues, local businesses, and an abundance of restaurants and cocktail bars.
Among other things, the area is known for its historical and handsome solid greystone two- and three- flats, and single-family homes that line Logan, Kedzie and Humboldt Boulevards, and Logan and Palmer Squares. The majority of which were constructed by German and Scandinavian immigrants in the late 1800s. After the Great Chicago Fire of 1871, the neighborhood’s population began rapidly expanding; and, by 1889, the entirety of Logan Square had been annexed by the City of Chicago & the CTA’s L line
shortly thereafter.
Today, the area continues to see expansion year after year. A booming growth in population has allowed for new residential and retail developments to pop up over the last several years. Residents can often be found enjoying the Chicago weather on the 2.5 mile stretch of boulevards that expand across the neighborhood.
- 11 minute walk to Logan “L” stop
- Value add – front units 10% below market
- In-Unit laundry in all apartments
- Updated electric, plumbing, windows & more in the last 10 years
- Great unit mix: three 1.5 bed units & three 2 bed units
- Property tours scheduled for Monday 9/9