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Joseph Komperda

propertiesbyjoe@gmail.com +1(708) 737-4080

$ 679,000

Est. payment | -/mo

6 Beds

3 Baths

3,049 Sqft Lot

Save

$ 679,000

Est. payment | -/mo

Save

6 Beds

3 Baths

3,049 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12802153

Bedrooms 6

Maintenance Fees $3,000

Year Built 1899

Annual Tax Amount $7,329

Tax Year 2025

Lot Size 3,049 Sqft

Lot Dimensions 3075

Property Sub-Type Two to Four Units

Property Description

2936 N Allen Ave is a legal 2-unit in Avondale, just north of Logan Square, plus a non-conforming attic unit. The garden unit is a 3 bed / 1 bath with about 1,000 SF, the second floor is a 2 bed / 1 bath with about 1,000 SF, and the 1 bed attic unit up top has sloped ceilings and tons of character. The garden and second-floor units have in-unit laundry. Every unit has an updated kitchen with white cabinets and stainless steel appliances, hardwood floors, central air and ceiling fans. The big-ticket items are done: the front porch was rebuilt in 2026 and the rear porch in 2018, the electric is separately metered with exterior meters updated in 2016, and the building has copper plumbing, vinyl windows, gas forced air heat and an asphalt shingle roof. Out back there's a private yard and a 1.5-car garage off the alley. All three units are leased through mid-to-late 2027 at $4,800/month combined, for a 5.66% cap rate. Rents are below nearby comps. Bringing them to market at about $5,500/month raises the cap rate to 6.85% with no capital investment. Owner-occupants can plan their move-in as leases end, and investors get income from day one. You're a short walk from the shops and restaurants along Milwaukee and Belmont, including Kuma's Corner and Revolution Brewing's Kedzie taproom. The Belmont Blue Line is about half a mile away, with a direct ride to the Loop and O'Hare. The #77 Belmont and #56 Milwaukee buses, the Kennedy and Logan Square's parks are all close by.

Location

State IL

County Cook

Area Chi - Avondale

Rooms

Basement None

Interior

Heating Gas

Fireplace N

Exterior

Garage Spaces 1.5

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Frame, Yes

Sewer Public Sewer

Water Lake Michigan

Structure Type Frame

New Construction false

Schools

Elementary Schools Reilly Elementary School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Mitir Patel of Essex 312, LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 737-4080

propertiesbyjoe@gmail.com

9755 W 143rd St, Park, IL 60462

2936 N Allen AVE Chicago, IL 60618