Chicago, IL 60614 2422 N Orchard Street
$3,200,000



9 more










Presented By: Compass
Home Details
An exceptional investment opportunity in the heart of Lincoln Park-this fully renovated 4-unit building checks all the boxes for a hands-off, armchair investor. Each oversized unit offers four bedrooms and two full baths with no vacancies. Originally gut-renovated in 2018, this landmarked property blends historic charm with modern upgrades, including condo-quality finishes, individual HVAC systems, in-unit laundry, private elevator to each unit, and outdoor space for each unit. The building also features three off-street parking spaces and updated mechanicals throughout, keeping maintenance needs low. Tucked on a quiet, tree-lined street with unbeatable walkability to the Fullerton CTA, DePaul, Whole Foods, and the lakefront, this location continues to drive top-tier tenant demand. With a strong rent roll, this is a rare chance to step into a stabilized, income-producing property in one of Chicago's most desirable neighborhoods.
Presented By: Compass
Interior Features for 2422 N Orchard Street
Bedrooms
Bedrooms Possible16
Total Bedrooms16
Bathrooms
BathroomSeparate Shower, No Tub
Full Baths Building8
Half Baths Building
Total Baths8
Other Interior Features
BasementNone
Total Number of Units4
General for 2422 N Orchard Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsFullerton to Orchard, north to 2422.
Electric Expense3396
Elementary SchoolAlcott Elementary School
Elementary School District299
Fuel Expense3348
Gross Income281400
HeatingNatural Gas
High SchoolLincoln Park High School
High School District299
Insurance Expense4029
MLS AreaCHI - Lincoln Park
MaintenanceExpense22203
Middle/Junior School District299
ModificationTimestamp2025-08-27T21:42:02.276Z
Net Operating Income41075
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount29668
Tax Year2023
Total Rooms24
TownshipNorth Chicago
Trash Expense342
Water Sewer Expense2335
Exterior for 2422 N Orchard Street
Exterior AmenitiesBalcony
Lot Dimensions4010
Lot FeaturesLandscaped
Parking FeaturesAssigned, Off Alley, On Site, Owned
Total Parking3
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Lincoln Park High School
Middle School
N/A
Elementary School
Alcott Elementary School
