3742 W Diversey Ave
- 2-unit with an additional nonconforming garden unit
- (2) renovated 2 Bed / 1 Bath units, along with an additional 2 Bed / 1 Bath garden unit
- Hardwood floors, quartz countertops, stainless steel appliances, and access to common laundry
- Large rear yard and a two-car brick garage
Property Description
Essex 312, LLC has been exclusively engaged to market for sale 3742 W. Diversey Ave., a well cared for 2-unit brick apartment building with an additional nonconforming garden unit in Chicago's Logan Square neighborhood. The building features two (2) renovated 2 Bed / 1 Bath units, along with an additional 2 Bed / 1 Bath garden unit. Unit finishes include hardwood floors, quartz countertops, stainless steel appliances, and access to common laundry. The property also offers a large rear yard and a two-car brick garage. The unit mix presents meaningful rental upside in its current condition and given the size of the opportunity, it could work well for both a traditional apartment investor and a potential live-in owner. The Logan Square submarket has experienced significant rent growth over the past decade, and comparable units have recently leased for nearly 12% more than the current in-place rents. The Subject Property is located on the north side of Diversey Ave, just a block from from Kosciuszko Park - a beautiful park that was recently renovated and is among the original parks of the Northwest Park district. It's also approximately .5 miles from both the Logan Square Blue Line CTA Stations and the heart of Logan Square's entertainment districts surrounding the boulevard.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $630,000 |
| No. of Units: | 3 |
| Year Built: | 1899 |
| Lot Size: | 0.08 Acres |
| Opportunity Zone: | No |
| Price per unit: | $210,000 |
| Property Website | Click Here |
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