|3300 block of West Wrightwood (all photos Eric Rojas, Broker, Kale Realty)|
Check out this great Logan Square block loaded with gorgeous vintage multi-units!
147 small multi-unit buildings (two-four flats) sold over 2018 in Logan Square. The over-all median price was $565,000 for 2018.
92 of the Logan Square buildings sold were two-flats at a median closed price of $510,000. The highest priced two-flat sold was 2247 West Armitage Chicago IL 60647 for $1,532,000. This was a 2017 build with two (2) duplex units (usually would be organized as a condo building and not rental apartments). The lowest priced Logan Square two-flat sold on 2018 was 3729 West Palmer closed for $175,000 as a foreclosure. Although bought for only $130,000 in 1999 the property had several refinances in the higher $200s and the property was eventually foreclosed. Looks like a small investor bought the building.
31 two-flats are currently for sale with a median asking price of $559,000.
|One the properties I visited was a short walk from the shops and restaurants at Logan Boulevard and North Kedzie (the round-a-bout).|
30 of the Logan Square buildings sold were three-flats with a median closing price of $565,000. The highest sold three-flat was 2014 West Wolcott closed for $1,325,000. The vintage red brick building has had substantial improvements. The lowest sold three-flat is 3617 West Diversey closed as a short sale for $250,000. The traditional brick building has two above grade units and a garden unit.
18 three-flat buildings are currently for sale with a median asking price of about $725,000.
25 of the Logan Square buildings were four-flats with a median price of about $730,000. Quite a big price jump from three unit buildings. The highest priced sold four-flat was 1940 North Kedzie closed for $1,245,000. The gorgeous grey-stone is fully renovated with $99,000 of annual revenue according to the listing. The lowest sold four-flat was 2028-30 North Stave for $535,000
Six four-flats are currently for sale with a median asking price of about $1,000,000.
The round-a-bout at Logan Boulevard and Kedzie is a distinct and uniquely planned area on the North Side and has a special feel.