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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Search all properties available for sale in Lincoln Park, Chicago, IL 60614

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

$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

$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

$2,150,000

11 Beds ⋅ 8 Baths ⋅ 12494167 MLS ⋅ ACTIVE Status

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

$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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