logan square neighborhood

As a Real Estate Investment Advisor in the Multi-Family market in Chicago, I specialize in helping clients find and purchase income producing properties that increase in value. 

My priority in working with clients is to help them achieve their goals through developing a solid investment strategy.  

2 and 3 flats in Logan Square have been in high demand for the last several years.  

In the examples below, I helped in the sale and purchase of two income producing properties that generated high returns after the buildings were resold.

logan square 3 flat for sale

1927 N Spaulding, Chicago

Sold: December 20, 2015

Location: 1 1/2 block from 606 Trail - Excellent location!

Sales Price: $462,500

Potential rental income: $60,000 GRI

ARV : $715,000

CAP RATE: 7%

The Seller made improvements to the building, and capitalized on the fact that the Logan Square market was Red Hot and was able to sell for a huge profit 2 years later.

link: https://www.chicagorealestatesource.com/property/09773059/

Sold: November 30, 2017

Sales Price: $865,000

 

3 flat for sale northside chicago

2645 W Potomac

Sold: August 06, 2014

Sales Price: $585,000

Location: East Humboldt Park

Potential rental income: $108,000 GRI

ARV $900,000

The seller made improvements to the apartments and sold for a huge profit.

Sold: July 2018

Sales Price: $1,102,000

link: https://www.chicagorealestatesource.com/property/09638025/

 

Why buy in Logan Square?

The neighborhood is one of the top performing markets in Chicago.  On average the properties appreciate 8% annually and the rental market is in high demand averaging $1.7k-$2.9k for 2-3 bedroom apartments. The neighborhood has plenty of activity with new developments, retailers, restaurants and bars which contribute to it's popularity.
logan square real estate market trends

Search All Multifamily Homes for sale Here

 

logan square neighborhood

milwaukee ave in logan square

Logan Square multifamily real estate

Share these images. Please include attribution to https://www.chicagorealestatesource.com

Additional resources:

Logan Square Neighborhood Association

http://www.lsna.net/

Carlos Rosa - Alderman 35th Ward

http://www.aldermancarlosrosa.org/

experience matters chicago real estate

If you are considering buying or selling a multifamily property give me a call at 312-788-7079.

By: Jose Hernandez

jose hernandez chicago realtor

Real estate broker with Coldwell Banker - Chicago

Jose Hernandez specializes in multifamily real estate including 2 flats, 3-flats and 4 flats in Chicago's northside and northwest side.