The Albany Apartments

6322 North Albany Avenue, Chicago, IL 60659

  • For Sale $3,400,000
  • 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

Contacts

broker
James Clough

Real Realty

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    82/100 Very Bikeable
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  • 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

  • Hadramout Restaurant

    0.09 miles

  • Great Chicago Food & Beverage Company

    0.10 miles

  • Dunkin'

    0.11 miles

  • Domino's

    0.12 miles

  • Libanais

    0.28 miles

  • 5Lua

    0.28 miles

  • Shibam by Devon

    0.28 miles

  • Sushi World

    0.28 miles

  • Pho Le 777

    0.29 miles

  • Panera Bread

    0.31 miles

  • Hanna Sacks Bais Yaakov High School

    0.11 miles

  • Brisk Rabbinical College

    0.15 miles

  • Joan Dachs Bais Yaakov Hebrew School

    0.41 miles

  • West Ridge Elementary School

    0.42 miles

  • Dewitt Clinton Elementary School

    0.48 miles

  • Saint Timothy School

    0.50 miles

  • Shaarei Chinuch Day School

    0.63 miles

  • Mather High School

    0.65 miles

  • Yeshiva Ohr Boruch/The Veitzner Cheder

    0.70 miles

  • Mosaic School of Fine Arts

    0.71 miles

  • Ladybug & Friends Daycare

    0.35 miles

  • Basic Beginnings

    0.63 miles

  • Little Angels

    0.64 miles

  • Creative Kidz Learning Center

    0.76 miles

  • Tot Learning Center

    1.67 miles

  • Toddler Town Day Care

    1.76 miles

  • School For The Young Years

    1.88 miles

  • Montessori Gifted Prep

    2.29 miles

  • Ravenswood Manor Child Care

    2.45 miles

  • Rainbow School Daycare

    2.92 miles

Frequently Asked Questions

How much does The Albany Apartments cost?

The space currently listed for sale at The Albany Apartments asks for $3,400,000.

What is the total square footage of The Albany Apartments?

The Albany Apartments totals 19,000 square feet.

When was this property built?

The Albany Apartments was built in 1930.

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Contact Listing Broker
broker
James Clough

Real Realty