Properties

Features
: Central Air , Central Individual
: Water-Municipal
Address Map
US
IL
Cook
Chicago
60614
Southport
2541
Avenue
W88° 20' 12.7''
N41° 55' 41.7''
Wrightwood to Southport, south on Southport to 2541 or Fullerton to Southport, north to 2541
CHI - Lincoln Park
CHI - Lincoln Park
N
N
MULTI
Additional Information
: Brick , Frame
Circuit Breakers,Separate Meters,Service - 201 to 600 Amps
Circuit Breakers,Separate Meters,Service - 201 to 600 Amps
: Brick/Mortar
25 X 124
5
5
2
Cagan's Realty, Inc.
Tyler Weekes
Financial
18923
Listing Information
886211
14039
MRED
Listing Information
Temporarily No Showings
2025-02-09T19:12:01Z
2025-02-09T19:11:02Z
Property Description

Situated in the highly desirable Lincoln Park neighborhood, this beautifully renovated 5-unit building offers a rare opportunity for investors. Perfectly located along the Southport Corridor, it provides easy access to transportation, world-class dining, and DePaul University. This turnkey property features two front units, two rear units, and a garden unit, all fully updated within the last two years. Renovations include modernized plumbing, upgraded electrical panels and service, along with high-end interior finishes in every unit. Each unit is equipped with separate HVAC systems and individual hot water heaters, with tenants responsible for their own gas and electricity, ensuring efficient and low-maintenance management. The property also includes a spacious 2-car garage in the rear, adding further value. With all units leased through summer 2025, this building generates strong in-place income with significant potential for increased returns in the future. Don’t miss out on this exceptional investment in one of Chicago’s most sought-after neighborhoods!

Commercial Sale For Sale

2541 N Southport Avenue, Chicago, Illinois 60614

$2,195,000
Listing ID#12271953
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12271953
Price : $2,195,000
Year Built : 1880
Listing Status : Hold
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