2215 North Seminary Avenue, Chicago, Illinois 60614

$1,649,900
11
BD
List Price
$1,649,900
Price Change
▼ $50,000 1569890221
MLS#
10526759
Status
ACTIVE
Type
Multifamily
Subtype
Two to Four Units
Bedrooms
11
County
Cook
City
Chicago
Neighborhood
Lincoln Park
Days On Market
49

Property Description

6.0 Cap Rate in the heart of Lincoln Park & DePaul!!! This money making investment property is available for the 1st time in more then 40 years! Massive Coach House + 3 Front units has made this building ideal for any smart investor! And has even more potential to get CAP RATE to 6.5% with a minor remodel in the Coach House! AIRBNB would also get the CAP Rate higher if Owner Occupied. Close to 100k Net Operating Income! All mechanicals recent and bathrooms and kitchens also updated recently. Picture perfect block that connects with DePaul's campus at the end of the block. Around everything that makes Lincoln Park so amazing, restaurants, CTA, Lake Michigan, LP ZOO and much more! Easy to show as currently not rented so hurry up before another 40+ years go by!!!!

Additional Information

School District
299
Elementary School
Oscar Mayer Elementary School
High School
Lincoln Park High School
Corporate Limits
Chicago
Tax Year
2018
Tax Exemptions
Homeowner
Tax Amount
$24,773
Additional Sales Information
List Broker Must Accompany
Exterior Building Type
Brick
Lot Dimensions
24 X 124
Lot Size Range
Less Than .25 Acre
Parking
None
Heating
Gas
Sewer
Sewer-Public
Basement
Yes
Basement Description
Partially Finished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass.



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2019 MRED LLC. All rights reserved.

Based on information submitted to the MRED as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.