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2439 N Seminary Ave - 2439 N Seminary Avenue 3 Unit Apartment Building Offered at $1,400,000 Chicago, IL 60614
Executive Summary
33 Realty is pleased to present for lease 2439 N Seminary, a 3-unit apartment investment opportunity located in the Lincoln Park / DePaul University neighborhoods of Chicago.
Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
The property features three units:
- 4 bed / 2 bath 1st floor duplex down
- 2 bed / 1 bath 2nd floor simplex
- 2 bed / 1 bath 3rd floor simplex.
All three units are currently lease-occupied by mid to long-term residents on month-to-month (unit 3) or 7/31/26 lease expirations (units 1 and 2) allowing a future operator flexibility to reposition.
Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches.
There is a large common backyard, common laundry, and rear pad parking.
Please contact broker for full financial and property information.
Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
The property features three units:
- 4 bed / 2 bath 1st floor duplex down
- 2 bed / 1 bath 2nd floor simplex
- 2 bed / 1 bath 3rd floor simplex.
All three units are currently lease-occupied by mid to long-term residents on month-to-month (unit 3) or 7/31/26 lease expirations (units 1 and 2) allowing a future operator flexibility to reposition.
Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches.
There is a large common backyard, common laundry, and rear pad parking.
Please contact broker for full financial and property information.
Financial Summary (Pro Forma - 2027) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$91,901
|
$24.18
|
Financial Summary (Pro Forma - 2027)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $91,901 |
| Annual Per SF | $24.18 |
Property Facts
| Price | $1,400,000 | Lot Size | 0.07 AC |
| Price Per Unit | $466,667 | Building Size | 3,800 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Apartment Style | Low-Rise | Parking Ratio | 0.53/1,000 SF |
| Zoning | RT-4 - RT-4 | ||
| Price | $1,400,000 |
| Price Per Unit | $466,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.07 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | RT-4 - RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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2439 N Seminary Ave - 2439 N Seminary Avenue
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