Essex Hired To Sell Logan Square Multifamily Property
Chicago, IL - Essex Realty Group, Inc. is exclusively marketing an exceptional seven-unit multifamily property located at 2407 N. Kedzie Boulevard in Chicago’s sought-after Logan Square neighborhood. Listed at $1,895,000, the subject property offers an investor a value-add opportunity in an excellent location.
“The property was completely renovated in 1990 and has been well maintained by long-term family ownership since. Today, an opportunity exists for an investor to add value through cosmetic updates to the apartments and by further modernizing the property by possibly adding laundry in-unit and converting the building to individual HVAC systems,” explains Essex Principal Jordan Gottlieb. Gottlieb and Essex Principal Jim Darrow are the listing brokers.
The unit mix is comprised of six large 2 bed plus den apartments and one 1 bed/1 bath floorplan. The apartments are all extremely well laid-out and include hardwood floors, white or stainless-steel kitchen appliances, laminate countertops, and radiator heat with window unit A/C. There is shared laundry in the basement.
The property is situated in a prime pocket of Logan Square, just south of Logan Square Park home of the famous eagle topped Logan Square Monument. 2407 N. Kedzie Boulevard is conveniently located approximately one-half mile from both the Logan and California Blue line L stops. Quick access to both CTA Stations, as well as numerous bus stops offers tenants excellent public transportation options.
Since 1990, Essex Realty Group, Inc. has served Chicago's investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.
If you enjoyed this content and would like to stay in the loop, please consider following us on LinkedIn! If you’d like to talk with one of our agents on buying a property in the city of Chicago or the surrounding areas, please don’t hesitate to reach out and contact us. Thank you for reading!