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Active - Other for sale
Chicago, IL
Facts & features
Why you’ll love it
2936 N Allen Ave is a legal 2-unit in Avondale, just north of Logan Square, plus a non-conforming attic unit. The garden unit is a 3 bed / 1 bath with about 1,000 SF, the second floor is a 2 bed / 1 bath with about 1,000 SF, and the 1 bed attic unit up top has sloped ceilings and tons of character. The garden and second-floor units have in-unit laundry. Every unit has an updated kitchen with white cabinets and stainless steel appliances, hardwood floors, central air and ceiling fans. The big-ticket items are done: the front porch was rebuilt in 2026 and the rear porch in 2018, the electric is separately metered with exterior meters updated in 2016, and the building has copper plumbing, vinyl windows, gas forced air heat and an asphalt shingle roof. Out back there's a private yard and a 1.5-car garage off the alley. All three units are leased through mid-to-late 2027 at $4,800/month combined, for a 5.66% cap rate. Rents are below nearby comps. Bringing them to market at about $5,500/month raises the cap rate to 6.85% with no capital investment. Owner-occupants can plan their move-in as leases end, and investors get income from day one. You're a short walk from the shops and restaurants along Milwaukee and Belmont, including Kuma's Corner and Revolution Brewing's Kedzie taproom. The Belmont Blue Line is about half a mile away, with a direct ride to the Loop and O'Hare. The #77 Belmont and #56 Milwaukee buses, the Kennedy and Logan Square's parks are all close by.
Listings courtesy of Essex 312, LLC as distributed by MLS GRID.
Listed by: Mitir Patel • Essex 312, LLC
Co-listed by: Quinn Evans • Essex 312, LLC
Source: MRED as distributed by MLS GRID, MLS#: 12802153
Based on info available as of Nov 13, 2026 at 7:32 PM EST.
Come see by yourself
Affordability
$4,044/mo
- Mortgage$3,433
- Property tax$611
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$13,580 Credit back
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Travel times
About Chicago
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
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Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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