Essex Three-Twelve Director Mitir Patel Lists Multifamily Properties in Logan Square and Little Village
CHICAGO, ILLINOIS– Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC has been exclusively engaged to market for sale 3601 W. Diversey Ave. and 2916 W. 25th Pl., two multifamily properties in the Logan Square and Little Village neighborhoods, respectively.
Property Overview: 3601 W. Diversey Avenue
3601 W. Diversey Ave. is a 3-unit multifamily property located on a corner lot that offers over 6,500 square feet of land with an existing 7,765 sq. ft. building, offering excellent visibility and accessibility on a high-traffic corner. Its current zoning, B3-1, provides flexible options for commercial or mixed-use development while allowing potential utilization of the existing structure and footprint of this vacant building. The property is listed at $725,000.
Neighborhood Overview: Logan Square
The property is part of the well-established Logan Square neighborhood, characterized by historic boulevards, classic residential architecture, and a strong cultural presence. The area offers a diverse range of dining and retail options, access to green space, and convenient CTA Blue Line connectivity to downtown Chicago.
Property Overview: 2916 W. 25th Place
2916 W. 25th Pl. is a legal 5-unit multifamily property featuring a brick 4-unit building in front and a coach house in the rear, listed at $489,000. The property contains one 1 Bed/1 Bath and four 2 Bed/ 1 Bath, with below-market rents offering significant upside with minimal effort. Conveniently located near shopping, dining, schools, public transit, and I-55/I-290, this property is ideal for investors or owner-occupants seeking a strong income-producing asset in a vibrant neighborhood.
Neighborhood Overview: Little Village
In Little Village, 2916 W. 25th Place experiences the dynamic Southwest Side neighborhood, renowned for its vibrant Mexican American culture and rich community heritage. The area features a mix of residential and commercial corridors, with a wide array of authentic restaurants, shops, and cultural institutions. Well-connected by public transit, Little Village combines a strong sense of local identity with convenient access to the broader city.
“3601 W. Diversey Ave. is an amazing development opportunity for a prime Avondale corner, while 2916 W 25th Pl. offers an investor the potential for immediate significant rent increases with a little TLC”, said Essex Three-Twelve Director Mitir Patel.
About Essex Three-Twelve:
Essex Three-Twelve is Chicago’s first multi-family brokerage company focusing exclusively on servicing investors in the 3-to-12-unit market. Essex Three-Twelve brokers are highly trained, exceptionally focused, and extremely motivated. Whether clients are seasoned investors or new to the multi-family world, the team provides tailored service and market insights needed to help achieve real estate investment goals.