2439 N Seminary Ave
Property Description
33 Realty is pleased to present for lease 2439 N Seminary, a 3-unit apartment investment opportunity located in the Lincoln Park / DePaul University neighborhoods of Chicago. Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location. The property features three units: 4 bed / 2 bath 1st floor duplex down, 2 bed / 1 bath 2nd floor simplex, and 2 bed / 1 bath 3rd floor simplex. All three units are currently lease-occupied by mid to long-term residents on month-to-month lease agreements allowing a future operator flexibility to reposition. Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches. There is a large common backyard, common laundry, and rear pad parking.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,400,000 |
| No. of Units: | 3 |
| Average Occupancy: | 4.3 |
| Year Built: | 1910 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $466,667 |
| Property Website | Click Here |
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