Closed

$1,279,000

2424 Seminary Avenue, Chicago, IL 60614
8 Beds4 Baths6 days
2424 Seminary Avenue·Chicago, IL 60614
8Bedrooms
4Bathrooms
1916Year Built
About This Home

Prime Lincoln Park 4-Unit Investment Near DePaul. Presenting an exceptional investment opportunity in the heart of Lincoln Park. This classic all-brick 4-unit building, zoned RT-4, offers the ideal combination of location, long-term value, and flexibility for both investors and owner-occupants. Located near DePaul University, the property enjoys strong rental demand and convenient access to public transit, shops, restaurants, and downtown Chicago. Each unit features two spacious bedrooms and one full bathroom with well-designed layouts and individual HVAC systems, offering tenants comfort and control year-round. The second-floor unit has been recently renovated and is currently vacant, featuring newly refinished hardwood floors, updated windows and appliances, and fresh paint throughout. The projected rent for this unit is $2,000 per month, bringing the estimated annual gross rental income to approximately $70,800. The garden unit is leased at $1,350 per month through January 2026. The first and third floor units are both on month-to-month leases at $1,100 and $1,450 per month, respectively. The building has a 10-year-old roof and two rear parking spots that can be converted to four spaces if parked tandem. Appliances and mechanical systems vary by unit. Access to the other units will require at least 48 hours' notice. Whether you're looking to expand your portfolio or secure a property in one of Chicago's most sought-after neighborhoods, this is a rare chance to own a well-located, income-generating asset with RT-4 zoning and individual HVAC in Lincoln Park. Schedule your private showing today.

MLS# 12360318Listed May 8, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1916
Lot Size20X120

Location

CountyCook
TownshipNorth Chicago
Zip Code60614

Financial

List Price$1,279,000
Annual Taxes (2023)$13,398
Monthly Tax Est.$1,117
Parcel #14294250180000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Rubber
Utilities & Parking

Water Source

Public

Parking

UnassignedOn SiteOwned
HOA & Community

Community Features

SidewalksStreet Lights
Schools
Elementary
Oscar Mayer Elementary School
District: 299
Middle School
Oscar Mayer Elementary School
District: 299
High School
Lincoln Park High School
District: 299
Tax & Financial
Annual Taxes
$13,398
Tax Year 2023
Monthly Tax Est.
$1,117
per month
Property Location

2424 Seminary Avenue, Chicago, IL 60614 — Cook County

$1,279,000
2424 Seminary Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
20X120
$13,398/yr taxes
$7,838
estimated monthly payment
Principal & Interest
$6,722/mo
Property Tax
$1,117/mo
$1,279,000
20% — $255,800
3%50%
6.875%
3%12%
Loan Amount
$1,023,200
Down Payment
$255,800

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

Listed by
Baird & Warner
Agent: John Lyons
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.