2422 N Orchard ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60614
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12399905
Bedrooms 16
Annual Tax Amount $29,264
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - Lincoln Park
Interior
Heating Natural Gas
Exterior
Exterior Feature Balcony
Roof Type Rubber
Building
Lot Description Landscaped
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Alcott Elementary School
High Schools Lincoln Park High School
School District 299 ,299, 299
Others
Special Listing Condition List Broker Must Accompany