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3136 W Logan Blvd 4 Unit Apartment Building Offered at $2,874,196 CAD at a 3.07% Cap Rate Chicago, IL 60647



Investment Highlights
- Four-unit vintage brick building on iconic Logan Boulevard
- Classic 1908 Chicago architecture with stone façade and turret
- Prime Logan Square location with strong rental demand and upside
- 4,860 SF with large 2–4 bedroom units
- Month-to-month leases allow immediate value-add and rent growth
Executive Summary
A four-unit vintage brick apartment building located along one of Logan Square’s most iconic and sought-after residential corridors. The property consists of 4,860 rentable square feet across a desirable unit mix of (1) two-bedroom, (1) three-bedroom, and (2) four-bedroom units, offering a strong blend of unit sizes that appeal to both owner-occupants and long-term rental demand. Constructed in 1908, the building showcases classic Chicago architecture with a prominent stone façade and turreted frontage, while offering functional interior layouts that provide significant upside through interior renovations and rent optimization. All units are currently leased on a month-to-month basis, presenting a clear path for a new owner to reposition the asset through strategic capital improvements or incremental rent growth. Positioned on Logan Boulevard, a historically significant, tree-lined thoroughfare, the property benefits from strong tenant demand, proximity to transit, and longterm appreciation drivers. 3136 W Logan Boulevard represents an attractive acquisition for investors seeking a core Logan Square asset with meaningful valueadd upside, as well as owner-occupants looking to establish a long-term foothold in one of Chicago’s most dynamic neighborhoods.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Washer/Dryer
- Kitchen
- Refrigerator
- Dining Room
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,327 CAD | 950 |
| 3+1 | 1 | $3,285 CAD | 1,300 |
| 4+1 | 2 | $3,422 CAD | 1,300 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 13-25-308-019-0000 | Total Assessment | $153,298 CAD (2025) |
| Land Assessment | $42,473 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $110,825 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
13-25-308-019-0000
Land Assessment
$42,473 CAD (2025)
Improvements Assessment
$110,825 CAD (2025)
Total Assessment
$153,298 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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3136 W Logan Blvd
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