Lakeview Multi-Family Listings

Lakeview Multi-family Real Estate For Sale

Welcome to our website, the resource in Lakeview multi-family real estate. If you’re considering buying or selling an apartment building in Lakeview, there are always great opportunities. Its close proximity to downtown and the lakefront make it an ideal location for new and seasoned buyers. The CTA Red, Purple and Brown Line run through the heart of Lakeview providing easy transportation to downtown and the north side. In addition, Lakeview neighborhood also offers an exciting night life, entertainment, restaurants and outdoor activities.

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Search all properties available for sale in Lakeview, Chicago Il 60657

Lakeview 2 Flats, 3 Flats & 4 Flats

Residential multifamily properties in Lakeview can be found in all sizes, styles and condition. You can find frame or brick two flats and three flats while most four flats are brick or stone. If you are looking for larger commercial apartment buildings, you will certainly find plenty of them in the Lakeview area.

Lakeview Multi-Family Home Prices

Prices for multi-family homes in Lakeview in the last 8 years have increased approximately 46%; however, in the last 5 years prices have been a roller coaster, fluctuating an average of 10% every year. In 2012 the average price was approximately $580,500 and in 2020 the average price was about $850,000.

Lakeview Multi-Family Home Prices

Your Lakeview Multi-family Property Experts

Chicago real estate source brokers have the expertise to help you negotiate a successful sale or purchase of your multi-family home. If you’re looking for a Lakeview real estate broker to help you achieve your goals, call or text us today 312-788-7079 or contact us to schedule a private consultation.

Newest Lakeview Multi-Family Listings

3636 N Ashland Avenue, Chicago
$799,000
4 Beds ⋅ 2 Baths ⋅ 12773235 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of the highly sought-after Wrigleyville area! Located within the Wrigley zone, this property is currently mid-renovation and offers incredible upside for investors, developers, or owner-occupants looking to finish a project to their vision. The property is framed and ready for completion as a 4-bedroom, 2 full bath layout with flexibility to configure as a two-unit building or mixed-use residential/commercial property. Major work has been started, allowing the next owner to step in and complete the design and finishes. Additional highlights include a 2-car garage with a rooftop deck above, offering valuable outdoor living space rarely found in the area. Situated on bustling Ashland Avenue, the location provides excellent visibility and proximity to dining, shopping, transit, and all the energy of the Wrigleyville neighborhood. Whether you choose to finish and hold as an income-producing property, create a multi-unit investment, or design a unique live/work space, the possibilities here are substantial. Bring your contractor and ideas-this is a prime value-add opportunity in one of Chicago's most vibrant neighborhoods. New framing throughout. Architectural drawings available upon request. Check with alderman office for all zoning inquires.

3636 N Ashland Avenue, Chicago
3849 N Marshfield Avenue, Chicago
$835,000
5 Beds ⋅ 3 Baths ⋅ 12764954 MLS ⋅ ACTIVE Status
Exceptional Investment Opportunity in Prime Lakeview Location This desirable brick building is ideally situated on a quiet, tree-lined residential street in the heart of Chicago's sought-after Lakeview neighborhood. Enjoy convenient access to the vibrant Southport Corridor and the highly regarded Blaine School District. The approximately 2,170-square-foot multifamily property sits on an oversized lot and features spacious units, each offering abundant natural light, generous room sizes, and separate living and dining areas. Each unit has its own heating system and separately metered utilities. With its desirable location, functional layout, and strong rental appeal, this property presents an excellent opportunity for investors or owner-occupants seeking a well-located Lakeview multifamily home.

3849 N Marshfield Avenue, Chicago
1529 W Nelson Street, Chicago
$1,750,000
10 Beds ⋅ 5 Baths ⋅ 12764264 MLS ⋅ ACTIVE Status
HOT LAKE VIEW 3 FLAT + 3 FLOOR COACH HOUSE | 2 INCOME-PRODUCING PROPERTIES | LIVE-IN & RENT | Envision the possibilities, and bring your best offer! Welcome to an exceptional rare investment opportunity in the heart of Chicago's highly desirable Lake View neighborhood. This Victorian 3 Flat with a rare 3 levels of living space Coach house is offering four income-producing units, these 2 properties present the kind of versatility that sophisticated investors and owner-occupants look for. Whether your vision is to maximize rental income, live in one residence while generating income from the others, or hold a multi-unit asset in a premier Chicago location, this property provides a range of possibilities. Beyond the income potential, the location is a true standout. Enjoy the best of Lake View living with an abundance of restaurants, cafes, shopping, entertainment, parks, neighborhood amenities, and convenient transportation just moments away. It is a location that continues to attract residents who want the energy of the city while enjoying the character and community of a sought-after neighborhood. 4 units total, that includes the 3 flat and a separate Coach house. 2 amazing properties. An outstanding Chicago Lakeview location. Multiple strategies. One exceptional opportunity. Properties offering this combination of income potential, flexibility, and location are not often available. Whether you're an experienced investor or seeking a property with income-producing potential, this unique opportunity is ready for your vision and investment strategy. Come experience the property and explore the possibilities firsthand. Seller intends to review offers following the weekend, with a target of Thursday for highest and best. This is the Lake View opportunity you've been waiting for. Come see it, bring your vision, and make it yours. Serious inquiries only!

1529 W Nelson Street, Chicago
3933 N Ravenswood Avenue, Chicago
$699,000
5 Beds ⋅ 3 Baths ⋅ 12759001 MLS ⋅ ACTIVE Status
Attention Investors, Rehabbers, and Developers! Exceptional opportunity for buyers looking to breathe new life into this classic 1888 Victorian building! It has so much charm and character and unlimited potential to make it your own. Convert to a coveted single family home or renovate and keep the units as a rental or live in one and rent the others. Zoned RS3. Lot is 25x108 Garage can be built per zoning. Roof 2020, Gutters and downspouts 2025 Washer 2024, Boiler less than 10 yrs old, water heater less than 5 yrs old. So many options in an unbeatable location! Buyer to conduct their own due diligence regarding zoning, development potential, and all property details prior to submitting an offer. SOLD AS IS

3933 N Ravenswood Avenue, Chicago
3208 N Seminary Avenue, Chicago
$1,599,900
9 Beds ⋅ 4 Baths ⋅ 12758652 MLS ⋅ ACTIVE Status
Introducing 3208 North Seminary tucked into the heart of Lakeview, just a block from the Belmont CTA and a short walk from Wrigley Field and the energy of Clark Street, this four-unit building with a two-car garage sits where renters want to live. It has had the same owner since 2002 and it shows. Every unit has been fully renovated in the last ten years with hardwood floors, granite countertops and porcelain-tiled baths, and the updates have kept coming, including new windows, LED lighting, electronic entry locks, and new furnaces, A/C units and appliances in 2024. Two 3-bedroom units, a renovated 2-bedroom duplex and a garden 1-bedroom each have their own heating, cooling and hot water, which keeps the owner's costs low. The building is fully leased through June 2027 and brings in $139,674 a year against just $24,547 in expenses, for a 6.57 cap rate at $1,600,000. Rents are still below market, with about $11,400 a year in upside, and the building has stayed full anyway. That gives an investor steady income today and a clear path to more as the leases come up.

3208 N Seminary Avenue, Chicago
3739 N Clifton Avenue, Chicago
$3,425,000
8 Beds ⋅ 8 Baths ⋅ 12703715 MLS ⋅ ACTIVE Status
A rare opportunity to own an entire brand-new luxury building in the heart of Lakeview, offering exceptional flexibility for investors, multi-generational living, owner-occupants, or those seeking a long-term wealth-building opportunity. Comprised of three beautifully finished residences, this boutique property offers endless possibilities from creating a private family compound to generating strong rental income or living in one residence while leasing the others. The building consists of a spacious four-bedroom, 3.1-bath duplex-down, a beautifully designed two-bedroom, two-bath simplex, and a stunning two-bedroom, two-bath penthouse, each thoughtfully crafted with sophisticated designer finishes, open-concept living spaces, premium stainless steel appliances, custom cabinetry, fireplaces, in-unit laundry, central heating and air conditioning, and dedicated garage parking. Outdoor living is equally impressive, with each residence offering its own private outdoor space, including terraces and expansive rooftop decks that create seamless indoor-outdoor living rarely found in the city. Whether you're looking to accommodate multiple generations under one roof while maintaining complete privacy, create an income-producing investment property, establish an executive rental portfolio, or take advantage of Chicago's strong demand for luxury housing, this exceptional property offers unmatched versatility. Situated in the heart of Lakeview, just moments from Wrigley Field, the boutiques and acclaimed restaurants of the Southport Corridor, and the vibrant dining and nightlife along Clark Street, residents enjoy easy access to neighborhood parks, the lakefront, public transportation, and everything that makes Lakeview one of Chicago's most desirable and walkable neighborhoods. An exceptional opportunity to own a turnkey, brand-new luxury building in one of Chicago's premier neighborhoods.

3739 N Clifton Avenue, Chicago
4127 N Ashland Avenue, Chicago
$1,279,000
8 Beds ⋅ 3 Baths ⋅ 12696276 MLS ⋅ ACTIVE Status
Step into the perfect blend of timeless architectural charm and modern updates with this architecturally significant Greystone two-flat featuring a finished garden-level unit. This meticulously maintained property offers three spacious residences, with the first and second-floor units showcasing impressive 12-foot ceilings that enhance the sense of space and natural light. Situated on an extra-deep lot, the property also features a generous backyard and a detached two-car garage. Thoughtfully updated over the years, the building includes central heating and air conditioning, renovated kitchens and bathrooms, hardwood floors, dishwashers, and in-unit laundry for each residence-highly desirable amenities that support strong rental income potential. Ideally located near a vibrant selection of restaurants, nightlife, shopping, and entertainment, this property offers exceptional convenience with easy access to public transportation. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained Greystone presents an outstanding opportunity in a sought-after urban location.

4127 N Ashland Avenue, Chicago
1630 W Melrose Street, Chicago
$550,000
4 Beds ⋅ 2 Baths ⋅ 12667107 MLS ⋅ ACTIVE Status
Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.

1630 W Melrose Street, Chicago
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