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