2424 N Seminary Avenue, Chicago, IL 60614
- Beds
- 8
- Baths
- 4
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Prime Lincoln Park 4-Unit Investment Near DePaul. Presenting an exceptional investment opportunity in the heart of Lincoln Park. This classic all-brick 4-unit building, zoned RT-4, offers the ideal combination of location, long-term value, and flexibility for both investors and owner-occupants. Located near DePaul University, the property enjoys strong rental demand and convenient access to public transit, shops, restaurants, and downtown Chicago. Each unit features two spacious bedrooms and one full bathroom with well-designed layouts and individual HVAC systems, offering tenants comfort and control year-round. The second-floor unit has been recently renovated and is currently vacant, featuring newly refinished hardwood floors, updated windows and appliances, and fresh paint throughout. The projected rent for this unit is $2,000 per month, bringing the estimated annual gross rental income to approximately $70,800. The garden unit is leased at $1,350 per month through January 2026. The first and third floor units are both on month-to-month leases at $1,100 and $1,450 per month, respectively. The building has a 10-year-old roof and two rear parking spots that can be converted to four spaces if parked tandem. Appliances and mechanical systems vary by unit. Access to the other units will require at least 48 hours' notice. Whether you're looking to expand your portfolio or secure a property in one of Chicago's most sought-after neighborhoods, this is a rare chance to own a well-located, income-generating asset with RT-4 zoning and individual HVAC in Lincoln Park. Schedule your private showing today.
Location
Full feature list
Basic info
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Year built
- 1916
Interior features
- Basement
- Yes, Finished
Utilities
- Heating
- Natural gas
- Water
- Public
Estimated monthly costs
- Insurance
- $3,627
Taxes
- Tax Annual Amount (2023)
- $13,397.87
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12360318 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.