2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park

2439 N Seminary Ave, Chicago, IL 60614

Accepting Offers
2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park
Asking Price

$1,400,000

2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park

2439 N Seminary Ave, Chicago, IL 60614

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1910

Number of Floors: 3

NOI: 60,191.32

Property Type: Multifamily

Occupancy %: 100

Land Area: 0.07 Acres

Number of Units: 3

Property Size: 3,800 SF

2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park

33 Realty is pleased to present for lease 2439 N Seminary, a 3-unit apartment investment opportunity located in the Lincoln Park / DePaul University neighborhoods of Chicago. Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location. The property features three units: 4 bed / 2 bath 1st floor duplex down, 2 bed / 1 bath 2nd floor simplex, and 2 bed / 1 bath 3rd floor simplex. All three units are currently lease-occupied by mid to long-term residents on month-to-month lease agreements allowing a future operator flexibility to reposition. Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches. There is a large common backyard, common laundry, and rear pad parking.

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Investment Sales Broker

Gene Hart

Gene Hart

33 Realty

IL License: 475.149185

Phone: XXXXXXXXXX

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