- Status Sold
- Sale Price $1,240,000
- Bed 11 Beds
- Bath 7 Baths
- Location Lake View
Fully occupied/stabilized 4-unit investment opportunity in the heart of highly sought-after Lincoln Park, offering an outstanding unit mix, strong in-place income, and additional value-add potential. Ideally located just a 9-minute walk to DePaul University, this property is exceptionally well positioned for consistent rental demand. All four units were rehabbed in 2020, with the front unit receiving the most extensive renovations, including stainless steel appliances, granite countertops, and fully updated bathrooms. The remaining three units feature more modest updates but are in excellent condition throughout, providing a strong foundation for future improvements and rent growth. Each unit is equipped with central air conditioning and in-unit washer and dryer-highly desirable amenities for today's renters. A two-car detached garage provides valuable tenant parking and an additional income stream. An investor can acquire the property as-is for immediate cash flow, while also having the opportunity to increase rents over time through additional kitchen and bathroom upgrades. Unbeatable Lincoln Park location with convenient access to public transportation including the Clybourn Metra stop (approx. 13-minute walk) and the Fullerton CTA "L" station nearby. Enjoy close proximity to shopping, dining, and entertainment along Fullerton and Clybourn, including Mariano's, Walgreens, Jewel-Osco, and more. A rare opportunity to own a high-demand, income-producing multi-unit asset in one of Chicago's premier neighborhoods.
General Info
- List Price $1,199,000
- Sale Price $1,240,000
- Bed 11 Beds
- Bath 7 Baths
- Taxes $20,894
- Market Time 30 days
- Year Built 1876
- Square Feet Not provided
- Assessments Not provided
- Assessments Include Not provided
- Listed by: Phone: Not available
- Source MRED as distributed by MLS GRID
Rooms
- Total Rooms 19
- Bedrooms 11 Beds
- Bathrooms 7 Baths
Features
- Heat Indv Controls
- Air Conditioning Not provided
- Appliances Not provided
- Parking Garage
- Age 100+ Years
- Exterior Other
Based on information submitted to the MLS GRID as of 4/30/2026 10:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
