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Mixed-Use

2411 N Talman Ave

2411 N Talman Ave, Chicago, IL 60647

Listing Price: $3,250,000

Cap Rate
5.78%
Number of Units
12
Occupancy
97.0%
Price/Unit
$270,833
Price/Gross SF
$237.49
Gross SF
13,685

Investment Overview

Marcus & Millichap is pleased to present this mixed-use opportunity in the Logan Square neighborhood of Chicago, Illinois. The subject property is composed of 11 apartments and one retail space. The apartments are seven two-bedroom and four three-bedroom apartments. The units have quartz counters in the kitchens and baths, stainless steel appliances, and hardwood floors throughout. The subject property is an eight-minute walk to the Chicago Transit Authority’s (CTA) California Blue Line train stop, a five-minute walk to CTA’s 56 and 52 bus stops, and a two minute walk to the CTA’s 74 bus. The neighborhood of Logan Square draws in Chicagoans with its artisanal cocktail lounges and restaurants. Logan Square, unlike any other neighborhood in Chicago, is featured in national magazine Bon Appétit’s annual “Grub Crawl” due to the acclaimed chefs that reside in the neighborhood. Logan Square also features many restored mansions and greystone homes that reiterate the historical significance of the neighborhood. Large landscaped areas and trees in the neighborhood lead to the name “Emerald Necklace”, reiterating the amount of parks easily accessible to those that reside in the beautifully maintained neighborhood of Logan Square.

Investment Highlights

  • Excellent Logan Square Location
  • 11 Apartments, One Retail Space
  • Stainless Steel Appliances
  • Quartz Countertops
  • Easy Access to Public Transportation
  • Corner Building

Exclusively Listed By

Listing Price: $3,250,000

Cap Rate
5.78%
Number of Units
12
Occupancy
97.0%
Price/Unit
$270,833
Price/Gross SF
$237.49
Gross SF
13,685

Investment Highlights

  • Excellent Logan Square Location
  • 11 Apartments, One Retail Space
  • Stainless Steel Appliances
  • Quartz Countertops
  • Easy Access to Public Transportation
  • Corner Building

Investment Overview

Marcus & Millichap is pleased to present this mixed-use opportunity in the Logan Square neighborhood of Chicago, Illinois. The subject property is composed of 11 apartments and one retail space. The apartments are seven two-bedroom and four three-bedroom apartments. The units have quartz counters in the kitchens and baths, stainless steel appliances, and hardwood floors throughout. The subject property is an eight-minute walk to the Chicago Transit Authority’s (CTA) California Blue Line train stop, a five-minute walk to CTA’s 56 and 52 bus stops, and a two minute walk to the CTA’s 74 bus. The neighborhood of Logan Square draws in Chicagoans with its artisanal cocktail lounges and restaurants. Logan Square, unlike any other neighborhood in Chicago, is featured in national magazine Bon Appétit’s annual “Grub Crawl” due to the acclaimed chefs that reside in the neighborhood. Logan Square also features many restored mansions and greystone homes that reiterate the historical significance of the neighborhood. Large landscaped areas and trees in the neighborhood lead to the name “Emerald Necklace”, reiterating the amount of parks easily accessible to those that reside in the beautifully maintained neighborhood of Logan Square.

Exclusively Listed By

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