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2424-2428 N Geneva Ter 3 Unit Apartment Building $3,075,000 ($1,025,000/Unit) Chicago, IL 60614
Executive Summary
A rare and distinguished offering in prime East Lincoln Park, two
impeccably maintained Victorian "Chicago Eastlake - Stick Style" row
homes presenting an extraordinary opportunity for the savvy buyer. The
Properties have benefited from over $271,600 in recent owner-funded
improvements, reflecting true pride of ownership, situated on an
impressive 60-foot frontage. The properties consist of the single-family
residence features 4 bedrooms, 2 baths, a coveted 4-car garage, and
an extended private driveway - an exceptional amenity in this premier
neighborhood. Complementing the main residence is a beautifully
updated, turnkey 2-flat with refined finishes throughout. Ideal for rental
income, multi-generational living, or seamless portfolio expansion. This
RM-5 zoned property offers exceptional flexibility and long-term value,
as it carries architectural significance and enduring prestige. Whether
enjoyed as-is or thoughtfully enhanced, the properties offer historic
character with modern livability in one of Chicago's most sought-after
enclaves. Located within the Lincoln School District, as well as near the
private schools of St Clements and Parker, this Property is steps from
the lakefront, parks, fine dining, boutique shopping, and convenient
transportation. Properties are offered "as-Is, where-Is, with all faults."
Two separate PINs; both properties must be purchased and closed
concurrently. An exceptional legacy asset in an A+ Lincoln Park location.
impeccably maintained Victorian "Chicago Eastlake - Stick Style" row
homes presenting an extraordinary opportunity for the savvy buyer. The
Properties have benefited from over $271,600 in recent owner-funded
improvements, reflecting true pride of ownership, situated on an
impressive 60-foot frontage. The properties consist of the single-family
residence features 4 bedrooms, 2 baths, a coveted 4-car garage, and
an extended private driveway - an exceptional amenity in this premier
neighborhood. Complementing the main residence is a beautifully
updated, turnkey 2-flat with refined finishes throughout. Ideal for rental
income, multi-generational living, or seamless portfolio expansion. This
RM-5 zoned property offers exceptional flexibility and long-term value,
as it carries architectural significance and enduring prestige. Whether
enjoyed as-is or thoughtfully enhanced, the properties offer historic
character with modern livability in one of Chicago's most sought-after
enclaves. Located within the Lincoln School District, as well as near the
private schools of St Clements and Parker, this Property is steps from
the lakefront, parks, fine dining, boutique shopping, and convenient
transportation. Properties are offered "as-Is, where-Is, with all faults."
Two separate PINs; both properties must be purchased and closed
concurrently. An exceptional legacy asset in an A+ Lincoln Park location.
Property Facts
| Price | $3,075,000 | Building Class | C |
| Price Per Unit | $1,025,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 6,321 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1901 |
| Property Subtype | Apartment | Parking Ratio | 0.63/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM-5 - Medium to high-density apartment buildings. Two-flats, townhouses, and single family homes are also allowed | ||
| Price | $3,075,000 |
| Price Per Unit | $1,025,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,321 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | RM-5 - Medium to high-density apartment buildings. Two-flats, townhouses, and single family homes are also allowed |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 4+2 | 1 | - | - |
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Numbers | Improvements Assessment | $118,730 | |
| Land Assessment | $89,771 | Total Assessment | $208,501 |
Property Taxes
Parcel Numbers
Land Assessment
$89,771
Improvements Assessment
$118,730
Total Assessment
$208,501
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2424-2428 N Geneva Ter
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