The Albany Apartments

For Sale

6322 North Albany Avenue, Chicago, IL 60659

This Chicago property for sale is located at 6322 North Albany Avenue. The current listed sale price for The Albany Apartments is $3,400,000. The Albany Apartments is situated on a lot that is 0.28 acre in size.

Contacts

broker
James Clough

Real Realty

Property Details

  • Property Type Multi-Family
  • Property Size 19,000 SF
  • Units 24
  • Lot Size 0.28 Acre
  • Additional Rent Contact for pricing
  • Year Built 1930
  • Date Updated Dec 10, 2024
Good LocationReal Realty, Inc. has been exclusively engaged to market 6322-6326 N. Albany Ave., in Chicago, IL for sale. The offering consists of a 24-uynit courtyard style, 3-story walk up building. The unit mix contains 7-one bedroom, 16-two bedroom, and 1-three-bedroom apartment. 11 of the 24 units have been recently renovated. The renovated units are achieving approximately $200 more per month in rental income greater than the non-renovated units. Additionally, a number of the 1-bedrooms could be converted to 2-bedrooms and the 2-bedrooms to 3-bedrooms for additional renal increases. This is an opportunity for a new investor to continue with unit renovations, and stabilize the operations of the property through renovations, and increasing rents to market levels.
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Highlights

  • Great West Ridge Location
  • Courtyard Style Property
  • 1/2 Units on Boiler & 1/2 on Forced Air Furnaces
  • 11 of 24 units fully renovated

Getting around

  • 87/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 82/100

    Bike Score ®

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Location

  • City Chicago, IL
  • Neighborhood West Rogers Park
  • Zip Code 60659
  • Market Chicago

Points of Interest

  • Rogers Park

    1.87 miles

  • Howard

    2.36 miles

  • Jarvis

    2.38 miles

  • Granville

    2.47 miles

  • Damen

    2.53 miles

  • South Boulevard

    2.61 miles

  • Forest Glen

    2.78 miles

  • Main

    2.91 miles

  • Montrose

    2.92 miles

  • Oakton-Skokie

    2.97 miles

  • Arco

    0.58 miles

  • BP

    0.60 miles

  • Shell

    0.65 miles

  • Mobil

    0.84 miles

  • Marathon

    1.10 miles

  • Peterson-Pulaski BP

    1.20 miles

  • Blink

    2.10 miles

  • Tesla Supercharger

    3.02 miles

  • eVgo

    3.79 miles

  • Volta Charging Station

    4.63 miles

  • Park Plaza Parking Lot

    0.67 miles

  • Public Parking

    1.10 miles

  • Faculty & Staff Parking

    1.42 miles

  • Commuter Parking

    1.45 miles

  • Resident Student Parking

    1.53 miles

  • Swedish Covenant Hospital

    1.56 miles

  • Rio Motel

    0.34 miles

  • River Park Motel & Suites

    0.35 miles

  • North Park Inn

    0.44 miles

  • Rodeway Inn

    0.50 miles

  • O-Mi Motel

    1.07 miles

  • Guest House Motel

    1.11 miles

  • Apache Motel

    1.20 miles

  • Summit Motel

    1.45 miles

  • Diplomat Motel

    1.53 miles

  • Heart O' Chicago Motel

    1.85 miles

  • City Fresh Market

    0.15 miles

  • TJ Maxx

    0.26 miles

  • Ross

    0.29 miles

  • ALDI

    0.40 miles

  • Fresh Farms International Market

    0.60 miles

  • Patel Brothers

    0.62 miles

  • Lincolnwood Town Center

    1.00 miles

  • Kohl's

    1.06 miles

  • Par-Birdie Foods

    1.07 miles

  • Rahmat Grocery and Zabiha Halal Meat

    1.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
James Clough

Real Realty