3317 N Seminary Ave - Apartments FOR SALE


Chicago, IL 60657- Lakeview
$2,150,000 USD
317-403-6641
3317 N Seminary Ave, Chicago, IL for Sale
$2,150,000 USD
Apartments - FOR SALE
1/14
null | 6.41% Cap Rate

3317 N Seminary Ave
Chicago, IL 60657
Lakeview


HIGHLIGHTS

  • Desirable Turn-Key Asset
  • Superior Location
  • Strong In-Place Income with Upside
  • Separate Utilities
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 3317 North Seminary Avenue in the Lakeview neighborhood of Chicago, Illinois (the “Property”). The Property contains, a three-story, multi-family building in the front, and a two-story coach house in the rear. The two buildings consist of five (5) total units, with a desirable unit mix comprised of one (1) 3-Bedroom/2-Bathroom unit, three (3), 2-Bedroom/2-Bathroom units, and one (1), 1-Bedroom/1-Bathroom unit with 5,850 square feet of living area in 6,100 square feet of total gross area on a 0.07-acre parcel. The Property is ideally situated in the heart of Chicago’s vibrant Lakeview neighborhood, one of the city’s most sought-after residential areas on the North Side. Nestled just east of Southport Corridor and west of Wrigleyville, the Property benefits from its walkable, high-density urban setting surrounded by charming residential streets, local boutiques, restaurants, and parks. Located just a short walk to the Belmont CTA station (serving the Red, Brown, and Purple Lines), the transit-oriented location offers quick and easy access to downtown Chicago and other key neighborhoods. The area's strong rental demand, driven by proximity to Wrigley Field and a host of local amenities, makes this a compelling opportunity for investors seeking stable, long-term returns from a well-positioned multi-family asset in a consistently high-performing submarket.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$352 USD /SF

# OF UNITS

5

PRICE/UNIT

$430,000

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RM-5

APN/PARCEL ID

14-20-416-016-0000

ASK ABOUT THIS PROPERTY

John PrestonHorvath & TremblayMore Info
317-403-6641

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John PrestonHorvath & TremblayMore Info
317-403-6641

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