2516 W Lyndale Street, Chicago, IL 60647
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
2516 W Lyndale Street,Chicago, IL 60647
$1,075,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: george selas
Office: baird & warner
MLS#:12617507
Source:MLSNI
Price summary
- Price:$1,075,000
About this home
Exceptional investment opportunity in the heart of Logan Square! Situated on charming tree-lined Lyndale Street, this legal three-unit building offers the perfect blend of classic Chicago character and modern functionality in one of the city's most sought-after and rapidly growing neighborhoods. Just a short walk to Logan Boulevard, the Blue Line, parks, and a vibrant mix of restaurants, cafes, and nightlife. Each spacious unit features 3 bedrooms and 1 full bathroom, making the property ideal for both investors and owner-occupants. Updated kitchens and bathrooms complement the building's original charm, while three separate HVAC systems (gas forced heat and central air) provide comfort and efficiency for every unit. The first-floor apartment has been successfully operated as a longer-term Airbnb-style rental catering to working professionals. All indoor and outdoor furnishings shown are included, allowing a buyer to seamlessly continue this proven income model. The remaining units are unfurnished and well-suited for traditional long-term tenants, offering flexible rental strategies and strong income potential. Additional highlights include expansive rear decks, common area laundry in the lower level, and two exterior storage units located beneath the rear stairwells. The rear yard features a full concrete pad, pitched and engineered to support the future addition of an upper garage structure, along with an existing gated parking area accommodating two cars. The rental potential for the three units and parking is approximately $8,500 per month. Meticulously maintained and thoughtfully improved, this property delivers outstanding comfort, functionality, and long-term value - a rare turnkey multi-unit opportunity in one of Chicago's hottest neighborhoods....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:12617507
- Updated:June 09, 2026 at 10:49 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,075,000
- Tax amount:$14,454 (2024)
Parking
- Total parking spaces:2
New listings near 2516 W Lyndale Street
$212,000Pending4 beds 2 baths1,039 sq. ft.9757 S Woodlawn Avenue, Chicago, IL 60628
MLS# 12672382Listed by: EXP REALTY- New
$599,000Active2 beds 2 baths1,900 sq. ft.420 S Clinton Street #518, Chicago, IL 60607
MLS# 12628413Listed by: COMPASS - New
$419,900Active2 beds 2 baths1,400 sq. ft.7510 N Oketo Avenue, Chicago, IL 60631
MLS# 12666674Listed by: BAIRD & WARNER - New
$339,900Active2 beds 2 baths208 W Washington Street #912, Chicago, IL 60606
MLS# 12672388Listed by: CHIPROPLOCATOR, INC - New
$125,000Active1 beds 1 baths6700 S South Shore Drive #10J, Chicago, IL 60649
MLS# 12672390Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New
$240,000Active5 beds 2 baths5646 S Sangamon Street, Chicago, IL 60621
MLS# 12670853Listed by: COLDWELL BANKER REALTY - New
$399,900Active2 beds 1 baths900 sq. ft.938 N Damen Avenue #3F, Chicago, IL 60622
MLS# 12671171Listed by: COMMAND REALTY GROUP LLC - New
$359,000Active5 beds 2 baths6525 S Vernon Avenue, Chicago, IL 60637
MLS# 12671483Listed by: ENTERPRISE REALTY POWER BROKER - New
$649,999Active6 beds 3 baths1726 N Sawyer Avenue, Chicago, IL 60647
MLS# 12672256Listed by: COMPASS - New
$515,000Active6 beds 5 baths4419 W Gladys Avenue, Chicago, IL 60624
MLS# 12672263Listed by: MNK REALTY PROFESSIONALS LLC