Properties

Features
: Forced Air , Natural Gas
: None
: Owned , Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60647
Lyndale
2516
Street
W88° 18' 35.5''
N41° 55' 21''
Fullerton to Rockwell, south to Lyndale, east to 2516
CHI - Logan Square
CHI - Logan Square
W
W
MULTI
Neighborhood
299
299
299
Additional Information
: Frame , Vinyl Siding
25 x 125
: Lake Michigan
Baird & Warner
George Selas
Financial
14454
Listing Information
MRD122677
MRD88717
MRED
: None
Listing Information
New
2026-06-25T16:43:04Z
2026-06-23T17:59:36Z
Property Description

Exceptional investment opportunity in the heart of Logan Square! Situated on charming tree-lined Lyndale Street, this legal three-unit building offers the perfect blend of classic Chicago character and modern functionality in one of the city’s most sought-after and rapidly growing neighborhoods. Just a short walk to Logan Boulevard, the Blue Line, parks, and a vibrant mix of restaurants, cafes, and nightlife. Two units features 3 bedrooms and 1 full bathroom & 1 unit 2 bedrooms and 1 full bathroom making the property ideal for both investors and owner-occupants. Updated kitchens and bathrooms complement the building’s original charm, while three separate HVAC systems (gas forced heat and central air) provide comfort and efficiency for every unit. The first-floor apartment has been successfully operated as a longer-term Airbnb-style rental catering to working professionals. All indoor and outdoor furnishings shown are included, allowing a buyer to seamlessly continue this proven income model. The remaining units are unfurnished and well-suited for traditional long-term tenants, offering flexible rental strategies and strong income potential. Additional highlights include expansive rear decks, common area laundry in the lower level, and two exterior storage units located beneath the rear stairwells. The rear yard features a full concrete pad, pitched and engineered to support the future addition of an upper garage structure, along with an existing gated parking area accommodating two cars. The rental potential for the three units and parking is approximately $8,500-9,000 per month. Meticulously maintained and thoughtfully improved, this property delivers outstanding comfort, functionality, and long-term value – a rare turnkey multi-unit opportunity in one of Chicago’s hottest neighborhoods. Unit 2 currently rented for $3,500 per month & unit 3 for $3,100 per month.

Residential Income For Sale

2516 W Lyndale Street, Chicago, Illinois 60647

  • Bedrooms : 8
  • Bathrooms : 3
$1,075,000
Listing ID#MRD12685943
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : MRD12685943
Price : $1,075,000
Bedrooms : 8
Rooms : 15
Bathrooms : 3
Year Built : 1900
Listing Status : Active
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