2265 W Diversey Avenue
Property Description
Prime Logan Square/Bucktown investment opportunity! Updated, vacant and ready for its next owner, this legal 2-flat offers an ideal opportunity for an investor or owner-occupant looking to generate rental income in a highly desirable Chicago location. Each unit features 3 bedrooms, 2 full bathrooms, abundant natural light, updated kitchens with granite countertops, updated bathrooms, and in-unit laundry. The unfinished basement provides additional potential for future improvements or convert to a non-conforming third unit. Recent improvements include new flooring in the units, a new roof that was replaced in 2025 and new porch/decks in 2023. Outside, the fully fenced yard offers valuable outdoor space along with a 2-car garage and an additional exterior parking pad. Ideally situated between Logan Square, Bucktown, and Avondale with convenient access to public transportation, the expressway, shopping, dining, Target, Costco, and more. A fantastic opportunity to acquire a recently vacant multifamily property with flexibility and long-term investment potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $850,000 |
| Year Built: | 1908 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-MREDIL-12763051
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3109 Central Drive
Fort Wayne, Indiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout