$1,249,000
All-brick three-flat on a wide corner lot in the heart of Logan Square - well-maintained, meaningfully updated, and built for low-overhead ownership. The two first-floor 2BD/1BA units (1F and 1R) feature soaring 12-foot ceilings, open floorplans, hardwood floors, updated kitchens and baths, and excellent natural light. The top-floor 3BD/2BA unit offers the same hardwood floors throughout, updated kitchen and bath, in-unit W/D, and a private rooftop deck. Each unit has its own forced-air heat and central air; tenants pay all utilities. Parking includes one garage space and a tandem surface spot - a meaningful amenity in this neighborhood. There is a massive unfinished basement that currently serves as dedicated storage for each unit and a shared laundry area - and represents a genuine value-add opportunity. The footprint and zoning are well-suited for a garden ADU conversion, a path that could add a fourth income-producing unit and meaningfully increase both cash flow and asset value. Capital improvements over the past five years include a full roof replacement (2020), all new water heaters (2020), exterior brick repaint (2021), masonry and tuckpointing on the west and south walls (2025), and new Low-E windows in the first-floor living room (2025). Current rents are below market, giving the next owner immediate upside at turnover without a heavy lift. Steps from the Kedzie Blue Line, Kedzie Boulevard, Lula Cafe, and Logan Square's broader dining and nightlife corridor - one of the city's most consistently high-demand rental locations for investors and owner-occupants alike.
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2455 Sawyer Avenue, Chicago, IL 60647 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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