2422 N Seminary Avenue, Chicago, IL
  • $1,375,000

Description

Exceptional investment opportunity in the heart of Lincoln Park. Just steps from DePaul University, Fullerton CTA Red/Brown Line, and some of the most desirable shopping and dining this location provides the perfect recipe to maximize city living. This well-maintained three-unit property offers outstanding flexibility for investors, owner-occupants, or buyers seeking a future single-family conversion. Currently generating $6,400 per month in rental income with rents significantly below market, the property presents immediate upside potential and long-term value appreciation. The versatile layout accommodates a variety of ownership strategies, including a pure investment hold, owner-occupancy with supplemental rental income, or a customized single-family residence conversion. Unit 3 is a unique two-story residence featuring a dramatic vaulted family room, expansive east-facing windows, front and rear staircases, original fireplace, and beautiful vintage trim details. With two bedrooms, two-and-a-half baths, in-unit laundry, two private decks, and a loft space, it presents an exceptional owner-occupant opportunity. Unit 2 has the same vintage charm with the conveniences of in unit laundry, office space and private deck. The recently renovated garden unit offers a fresh, contemporary aesthetic designed to maximize functionality and efficiency. Thoughtfully updated throughout, the space delivers clean finishes, modern appeal, and turnkey condition for tenants or owner occupancy. Additional features include a two-car garage, private fenced yard, and an unbeatable Lincoln Park location near DePaul’s campus, public transportation, parks, and neighborhood conveniences. Whether you’re seeking strong income potential, benefits of owner-occupied rental income, or a future redevelopment project, 2422 N Seminary offers a rare combination of location, flexibility, and upside in one of Chicago’s most sought-after neighborhoods.

  • Listing Courtesy of: john greene, Realtor

Details

Updated on June 26, 2026 at 4:55 pm
  • Property ID MRD12686705
  • Price $1,375,000
  • Bedrooms 4
  • Garages 2
  • Year Built 1880
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 14294250190000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status New
  • Days On Market 1
  • Cumulative Days On Market 2
  • Tax Annual Amount 22321
  • Heating Natural Gas
  • Parking Features Yes,Garage Owned,Detached,Garage
  • Directions Fullerton to Seminary East. Property is on the Left
  • Zoning MULTI
  • Address 2422 N Seminary Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60614
  • Country United States

Overview

Property ID: MRD12686705
  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Garages
  • 1880
  • Year Built

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