Closed

$2,975,000

2243 Seminary Avenue, Chicago, IL 60614
10 Beds8 Baths167 days
2243 Seminary Avenue·Chicago, IL 60614
10Bedrooms
8Bathrooms
1891Year Built
About This Home

Investors Dream!! Welcome to Lincoln Park's most premier 3-unit Greystone. This expansive, newly rehabbed building is comprised of a lavish duplex-up penthouse and two simplex units and is producing $19,465 per month income! With a gross annual income of $233K and a net operating income exceeding $198K, the Cap Rate is 6%! The top floor penthouse ($12,000/mo) is a 4BD/3.5BA duplex-up and is rented through May 2025, Unit 1 ($4465/mo) is a 3BD/2BA simplex and Unit G ($3000/mo) is a 3BD/2BA simplex. The penthouse suite is a spacious 3000sf offering unrivaled luxury with an open floor plan, wide plank hardwood floors, custom millwork, designer lighting, keyless code entry locks, a chef's kitchen with a 12-foot Quartzite Island and matching counters and backsplash, high-end appliances including a Wolf range and Subzero refrigerator, soft close drawers and under-mount LED lighting. The primary suite features a spa-like bath adorned with marble finishes, a dual vanity sink, heated floors, a separate soaking tub, and a marble walk-in shower. Each room has been updated with new custom closet fit-outs and window treatments. Outdoor spaces include Trex oversized balconies on every level, one with a private hot tub, and private garage rooftop deck accessible via a catwalk from the living room balcony. Unit 1 features hardwood floors, a spacious open layout, and gourmet kitchen complete with a large island, sleek quartz countertops, custom cabinetry, and modern stainless-steel appliances. Further highlights include designer lighting, cozy heated bathroom floors, custom closets, an expansive rear terrace, a convenient in-unit washer and dryer, and secure private access with keyless code-activated door locks. The garden unit has stainless-steel appliances, accentuated by white cabinets and under-cabinet LED lighting. An expansive breakfast island doubles as additional storage space, beautifully complemented by stylish quartz countertops and a matching tile backsplash. New wide plank, white-washed LVT flooring stretches throughout the unit. Both spa-inspired bathrooms have been redesigned to feature temperature-regulated heated floors, chic marble vanity sinks, high-end fixtures, a bathtub, and a walk-in shower elegantly lined with subway tile. Smart features include a Nest thermostat, an on-demand hot water system, solar window treatments. Additional features include an in-unit front-loading washer and dryer and secure private access with keyless code-activated door locks. The building is fully fenced and provides a private outdoor backyard, ensuring a sense of seclusion amid city living, and a new all-brick 2-car garage with custom cabinets, flooring and heated for added convenience and comfort. Situated just steps away from high-end shopping, boutique shops, renowned restaurants, picturesque parks, and the vibrant Fullerton/Armitage CTA, this location offers the best of urban living at your doorstep. Additionally, the proximity to DePaul University and the captivating lakefront add to the allure of this remarkable residence.

MLS# 11987102Listed June 12, 2024Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms8
Total Rooms20

Size & Structure

Garage Spaces2
Year Built1891
Lot Size24X124

Location

CountyCook
TownshipNorth Chicago
Zip Code60614

Financial

List Price$2,975,000
Annual Taxes (2022)$29,605
Monthly Tax Est.$2,467
Parcel #14322070100000
Interior Features

Appliances

Humidifier

Heating

Natural GasForced Air

Basement

FinishedExterior EntryFull
Exterior & Lot

Construction

BrickStoneLimestone

Roof

Rubber

Exterior Features

BalconyRoof Deck

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Schools
Elementary
Oscar Mayer Elementary School
District: 299
High School
Lincoln Park High School
District: 299
Tax & Financial
Annual Taxes
$29,605
Tax Year 2022
Monthly Tax Est.
$2,467
per month
Property Location

2243 Seminary Avenue, Chicago, IL 60614Cook County

$2,975,000
2243 Seminary Avenue
10 bd8 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
167 days on market
2-car garage
24X124
$29,605/yr taxes
$18,102
estimated monthly payment
Principal & Interest
$15,635/mo
Property Tax
$2,467/mo
$2,975,000
20% — $595,000
3%50%
6.875%
3%12%
Loan Amount
$2,380,000
Down Payment
$595,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Dwell One Realty
Agent: Tim Stassi
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