2439 N Seminary Ave - Multi-Family FOR SALE


Chicago, IL 60614- DePaul
$1,400,000 USD
219-465-8584
2439 N Seminary Ave, Chicago, IL for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/49
null | Request Cap Rate

2439 N Seminary Ave
Chicago, IL 60614
DePaul


OVERVIEW

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 - 2 bed / 1 bath 3rd floor simplex. All three units are currently lease-occupied by mid to long-term residents on month-to-month (unit 3) or 7/31/26 lease expirations (units 1 and 2) 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. Please contact broker for full financial and property information.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

3

PRICE/UNIT

$466,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2439 N Seminary Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,880 SF

ZONING

RT-4

APN/PARCEL ID

14-29-422-009-0000

ASK ABOUT THIS PROPERTY

Gene Hart33 RealtyMore Info
219-465-8584

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Gene Hart33 RealtyMore Info
219-465-8584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.