Lincoln Park Multi-Family Listings

Lincoln Park Multi-Family Real Estate & Apartment Buildings for Sale

lincoln park chicago multi-family for sale

Lincoln Park is located just north of Downtown Chicago and east of Lake Michigan. This highly desirable neighborhood caters to many different lifestyles. For this reason, new and seasoned investors are always looking to buy in Lincoln Park. Whether it's a 2 flat, 3 flat or 4 flat, there is a high demand for these types of buildings; some are rehabbed and converted to single-family homes and others are fully renovated to hold as long-term investments.

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Lincoln Park Multi-Family Home Prices

Over the last five years, real estate prices have been holding steady with minor fluctuations. In 2020, the average sales price was just over $1million. If you're looking for a stable market, a Lincoln Park apartment building could be the right investment for you.

Lincoln Park Multi-Family Home Prices

Your Lincoln Park Multi-Family Real Estate Expert

With over 20 years of experience in Chicago real estate, Jose Hernandez of Coldwell Banker Realty helps owners and investors buy and sell Lincoln Park multi-family homes and apartment buildings. Our marketing strategies and neighborhood expertise have generated multiple offers for clients, reflecting the strong demand for these properties.

If you’re looking for a Lincoln Park multi-family broker to guide your transaction, call or text Jose Hernandez at 312-788-7079 or email us to schedule a private consultation.

Newest Lincoln Park Multi-Family Listings

2714 N Marshfield Avenue, Chicago
$1,450,000
8 Beds ⋅ 6 Baths ⋅ 12790334 MLS ⋅ ACTIVE Status
Meticulously maintained legal 3-unit brick building located in Lincoln Park. This well-kept investment property features a top-floor duplex up with 3 bedrooms and 2 baths including in-unit laundry, a 2-bedroom/2-bath unit on the second floor, and a 2-bedroom/2-bath unit on the first floor. All units have been thoughtfully updated throughout. Recent improvements include a new roof, new downspouts, and new electrical service, including new electrical panels. Detached 2-car garage plus a private backyard patio. Situated on a quiet, tree-lined residential street within walking distance of Wrightwood Park and Prescott Elementary School. Located in the coveted Lincoln Park school district. A turnkey building that shows pride of ownership inside and out.

2714 N Marshfield Avenue, Chicago
740 W Schubert Avenue, Chicago
$1,550,000
6 Beds ⋅ 3 Baths ⋅ 12788493 MLS ⋅ ACTIVE Status
Lincoln Park- This turnkey, legal 3-unit building sits on a quiet tree-lined street in one of Chicago's most desirable neighborhoods. Just 4 blocks from the Diversey Brown Line and only a short walk to the lakefront with easy access to Lake Shore Drive as well, this building has never had a vacancy as the location simply can't be beaten! This property sits in one of Chicago's designated Additional Dwelling Unit Zones and has highly favorable RT-4 zoning and an exceptionally deep 162 ft lot. As such, building an additional dwelling unit/coach house is possible, as is future new development for condos or single-family home. Due to the large lot size, there is a very big back yard and 4-car parking pad with room to increase the number of parking spaces for additional income if so desired. Current rents are generating $111,600 per year but could be higher without any improvements as they are below market value. All three apartments have their own separate gas forced air heating and cooling systems with central air conditioning and all have updated kitchens with dishwashers, granite counters and 42' cabinetry. The top two apartments have spacious private back decks and the first-floor apartment has its own front patio. Tenants pay their own electric and gas bills keeping owner expenses low. Don't miss out on this exceptional investment opportunity in one of Chicago's most sought-after neighborhoods.

740 W Schubert Avenue, Chicago
2331 N Elston Avenue, Chicago
$1,299,900
2 Beds ⋅ 2 Baths ⋅ 12775212 MLS ⋅ ACTIVE Status
2331 N Elston Court presents a rare opportunity to own a design-forward live/work property tucked within the exclusive Elston Court enclave-an intimate, hidden pocket just off Elston Avenue. Surrounded by green space and positioned in one of Chicago's fastest-growing corridors, this all-brick, two-story property blends privacy, flexibility, and urban convenience in a truly unique setting. Zoned M3-3, the property features a functional first-floor office/commercial space and a beautifully renovated loft-style residence above. A 120-foot private driveway leads to an attached four-car garage with 11-foot ceilings, ideal for storage, studio space, creative use, or future customization. Additional highlights include rooftop space above the garage, a private outdoor area across the driveway, and an unfinished basement offering extensive storage or future potential for additional usable space. The second-floor loft showcases an open-concept layout with oversized windows, skylights, abundant natural light, unobstructed park views, and stunning south-facing skyline views. The kitchen features newer appliances and a large island that flows seamlessly into the living and dining areas. Two spacious bedrooms sit on opposite ends of the home, while the spa-inspired bath includes an oversized stone shower with built-in bench seating. Additional features include in-unit laundry, extensive built-in storage, newer windows and roof (2015), and exceptional live/work flexibility for owner-users, creatives, entrepreneurs, or investors. The property sits directly in the path of continued growth surrounding Lincoln Yards and the evolving Elston corridor. Enjoy immediate access to the Kennedy Expressway, Milwaukee Avenue, Elston bike lanes, Divvy stations, the Damen Blue Line stop, the 606 Trail, and the riverwalk. Walkable to Midtown Athletic Club which offers premier wellness amenities including indoor and outdoor pools, tennis courts, fitness classes, spa services, co-working areas, and dining. A truly unique opportunity to own a flexible live/work property with private outdoor space, oversized garage capacity, and long-term upside in one of Chicago's most exciting and rapidly transforming neighborhoods.

2331 N Elston Avenue, Chicago
2323 N Lister Avenue, Chicago
$2,099,000
11 Beds ⋅ 8 Baths ⋅ 12766430 MLS ⋅ ACTIVE Status
Exceptional New Booth Hansen-Designed Three-Unit Residence on an Extra-Long Lot Built by legendary architect Booth Hansen and developer Ogden Partners. This stunning investment and/or live in investment property sits on an extra-long 25' x 150' lot, allowing for expansive layouts and extraordinary natural light throughout every home. This thoughtfully designed masonry brick and limestone building features three distinctive residences: Unit 1F: 4 bedrooms + den, 2 baths, Unit 1R: 3 bedrooms + den, 2.5 baths, Unit 2 (Penthouse Duplex): 4 bedrooms, 3 baths, and 2 private decks. Each home showcases gorgeous finishes and superb craftsmanship throughout. Located on a picturesque, tree-lined block, 2323 Lister offers unmatched convenience - steps from Lincoln Park, Bucktown, award-winning Pulaski Elementary School, top restaurants, boutiques, the Midtown Club & Hotel, and easy access to expressways. This is a rare opportunity to own a Booth Hansen masterpiece in one of Chicago's most desirable neighborhoods - complete with a masonry 3-car garage.

2323 N Lister Avenue, Chicago
2127 N Winchester Avenue, Chicago
$1,299,000
4 Beds ⋅ 5 Baths ⋅ 12684082 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in Chicago's Bucktown neighborhood. This fully rented three-unit walkup offers strong income potential and modern finishes throughout, making it an ideal addition to any investor's portfolio. The property consists of two 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2.5-bathroom duplex owner's unit. All three apartments feature stone countertops, stainless steel appliances, and the convenience of in-unit laundry. Separate gas and electric utilities for each unit help minimize owner expenses and provide efficient utility management. The building underwent a complete renovation in 2018, including a new roof, offering peace of mind and reduced near-term capital expenditure needs. Updated interiors, modern mechanicals, and contemporary finishes appeal to today's renters while supporting long-term occupancy and rental stability. Located in one of Chicago's most sought-after neighborhoods, residents enjoy easy access to Bucktown's vibrant dining, shopping, nightlife, and transportation options. With a desirable unit mix, strong rental demand, and significant capital improvements already completed, this turnkey asset presents a compelling opportunity for both seasoned and first-time multifamily investors.

2127 N Winchester Avenue, Chicago
2742 N Kenmore Avenue, Chicago
$1,570,000
4 Beds ⋅ 3 Baths ⋅ 12623692 MLS ⋅ ACTIVE Status
Two unit building in Lincoln Park. Sunny well designed second floor duplex with vaulted ceilings, spacious layout and working fireplace. Second floor unit has its own washer dryer install installed and is easy to rent. First floo unit is large and attractive. Both units have private decks with sliding glass doors. Both units have fireplaces. Both unit units were recently remodeled and have their own HVAC units. Tenants to are responsible for their own gas and electric. The property also boasts a large brick garage 780 ft.2 with room for four cars parked in tandem. The garage has a separate electric meter.

2742 N Kenmore Avenue, Chicago
1631 N Halsted Street, Chicago
$1,570,000
3 Beds ⋅ 4 Baths ⋅ 12357756 MLS ⋅ RE-ACTIVATED Status
Located at 1631 N Halsted, this 3 unit, 5658 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The ground floor former restaurant space offers the opportunity for an owner/user to open up shop and use the residential unit income to cover their mortgage or an investor looking for cash flow. Fully leased this property can generate $178k in income, with a projected NOI of $128,000. The surrounding area is a thriving destination, just blocks from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theatre, Whole Foods, Apple, Crate & Barrel, and award-winning restaurants such as Alinea and Boka. The property benefits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high-trafficHalsted bus route. Just steps from the vibrant North and Clybourn intersection, this location places you near some of the city's premier retail, dining, and nightlife corridors. The site is also less than a mile from DePaul University's main campus, contributing to the area's continued economic strength. This property also includes 4 car garage and select upgrades, including a black iron top stove, offering added value. The property can be purchased individually or as a portfolio together with 1625 N Halsted, 1629 N Halsted, and 1631 N Halsted.

1631 N Halsted Street, Chicago
1629 N Halsted Street, Chicago
$1,700,000
3 Beds ⋅ 6 Baths ⋅ 12357704 MLS ⋅ ACTIVE Status
Located at 1629 N Halsted, this 3 unit, 5,755 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The below grade former restaurant space offers the opportunity for an owner/user to open up shop and use the residential and office unit income to cover their mortgage, or an investor looking for cash flow. Fully leased this property can generate $200k in income, with a projected NOI of $150,000. The surrounding area is a thriving destination, just blocks from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theatre, Whole Foods, Apple, Crate & Barrel, and award-winning restaurants such as Alinea and Boka. The property benefits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high-trafficHalsted bus route. Just steps from the vibrant North and Clybourn intersection, this location places you near some of the city's premier retail, dining, and nightlife corridors. The site is also less than a mile from DePaul University's main campus, contributing to the area's continued economic strength. This property also includes 4 car garage and select upgrades, including a black iron top stove, offering added value. The property can be purchased individually or as a portfolio together with 1625 N Halsted, 1629 N Halsted, and 1631 N Halsted.

1629 N Halsted Street, Chicago
1623 N Halsted Street, Chicago
$1,700,000
6 Beds ⋅ 7 Baths ⋅ 12357009 MLS ⋅ ACTIVE Status
Located at 1623 N Halsted, this 3 unit, 5,388 SF property is ideally positioned in one of Chicago's most dynamic and upscale neighborhoods-offering exceptional potential for residential or boutique hotel development. The ground floor former restaurant space offers the opportunity for an owner/user to open up shop and use the residential unit income to cover their mortgage or an investor looking for cash flow. Fully leased this property can generate $190k in income, with a projected NOI of $138,000. The surrounding area is a thriving destination, just blocks from iconic cultural and lifestyle attractions including the renowned Steppenwolf Theatre, Whole Foods, Apple, Crate & Barrel, and award-winning restaurants such as Alinea and Boka. The property benefits from excellent connectivity-just one block north of the CTA Clybourn Station and directly served by the high-traffic Halsted bus route. Just steps from the vibrant North and Clybourn intersection, this location places you near some of the city's premier retail, dining, and nightlife corridors. The site is also less than a mile from DePaul University's main campus, contributing to the area's continued economic strength. This property also includes 4 car garage and select upgrades, including a black iron top stove, offering added value. The property can be purchased individually or as a portfolio together with 1625 N Halsted, 1629 N Halsted, and 1631 N Halsted.

1623 N Halsted Street, Chicago
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