Chicago, IL 60647 2516 W Lyndale Street
$1,075,000



26 more


























Presented By: Baird & Warner
Home Details
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. Each spacious unit features 3 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 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.
Presented By: Baird & Warner
Interior Features for 2516 W Lyndale Street
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementNone
Total Number of Units3
General for 2516 W Lyndale Street
CityChicago
Construction MaterialsVinyl Siding, Frame
CountyCook
DirectionsFullerton to Rockwell, south to Lyndale, east to 2516
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Logan Square
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14454
Tax Year2024
Total Rooms15
TownshipJefferson
Year Built1900
ZoningMULTI
Exterior for 2516 W Lyndale Street
Lot Dimensions25 x 125
Parking FeaturesYes, Owned
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 3,000