844 W Lakeside Pl 844 W Lakeside Pl 6 Unit Apartment Building $2,875,000 ($479,167/Unit) 6.28% Cap Rate Chicago, IL 60640

844 W Lakeside Pl presents the opportunity to acquire a six-unit apartment building in Chicago's Uptown neighborhood, located within walking distance of Lake Michigan, Montrose Harbor, and the area's established retail, dining, and transit amenities. The property combines historic architectural character with selective capital improvements, creating an asset that appeals to investors seeking both current income and long-term positioning in one of Chicago's lakefront neighborhoods. The building consists of six large residential units, including a mix of three-bedroom and four-bedroom floor plans, complemented by garage parking and additional income generated from a basement workspace. Many of the apartments retain original architectural details such as coffered ceilings, crown molding, decorative fireplaces, built-in cabinetry, and wainscoting, while select renovations include updated kitchens, refinished hardwood flooring, stainless-steel appliances, HVAC improvements, and in-unit laundry. Its location near Montrose Harbor, public transportation options, neighborhood services, and recreational amenities contributes to ongoing residential demand within the surrounding area. The combination of vintage character, updated interiors, ancillary income opportunities, and proximity to Chicago's lakefront amenities positions the property as a compelling multifamily investment with potential for continued income growth and asset appreciation.