REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,600,000
Est. payment /mo
5 Beds
UPDATED:
11/12/2024 07:02 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12199610
Bedrooms 5
Annual Tax Amount $17,723
Tax Year 2023
Lot Dimensions 50 X 128
Property Description
Exciting opportunity to own a 2 flat in Lincoln Park. Perfect for redevelopment potential! At 2228 N. Southport Ave, you'll find spacious hardwood floors throughout both light-filled units. The building is well-maintained with washer, dryer, and dedicated storage rooms in the basement, plus a rear porch and bike space for each unit. The second-floor unit even includes a third bedroom. Recently tuckpointed and with parking behind the building, it offers excellent rental income potential. Located on a quiet, tree-lined street next to the charming Clover Park playground, this property boasts unbeatable proximity to Lincoln Park's best amenities. Walk to DePaul University, Fullerton CTA, Barnes & Noble, Potbelly's, Pequod's Pizza, and Regal Webster Place Cinema. Within District 299, it's near top-rated schools, including Oscar Mayer Magnet School and Lincoln Park High School, with St. Josaphat School just steps away. Adding to the appeal is the upcoming Lincoln Yards development, a 55+ acre project poised to transform the North Branch of the Chicago River with green space, riverwalk access, dining, shopping, and entertainment. This development will connect Lincoln Park to Wicker Park and Bucktown, increasing future demand in the area. A dream for developers, rent out these units while you plan your next move. With two adjacent lots available, this is a rare opportunity to develop multiple properties in an ideal Lincoln Park location. Sold As-Is.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas, Steam, Baseboard, Sep Heating Systems - 2+
Fireplace N
Exterior
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Oscar Mayer Elementary School
Middle Schools Oscar Mayer Elementary School
High Schools Lincoln Park High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Roseanne Maggio • Berkshire Hathaway HomeServices Chicago