Active
New
2541 N Southport Avenue
Chicago IL, 60614
$2,195,000
Active
New
Multi-family
Built in 1880
Courtesy of Cagan's Realty, Inc.
Situated in the highly desirable Lincoln Park neighborhood, this beautifully renovated 5-unit building offers a rare opportunity for investors. Perfectly located along the Southport Corridor, it provides easy access to transportation, world-class dining, and DePaul University. This turnkey property features two front units, two rear units, and a garden unit, all fully updated within the last two years. Renovations include modernized plumbing, upgraded electrical panels and service, along with high-end interior finishes in every unit. Each unit is equipped with separate HVAC systems and individual hot water heaters, with tenants responsible for their own gas and electricity, ensuring efficient and low-maintenance management. The property also includes a spacious 2-car garage in the rear, adding further value. With all units leased through summer 2025, this building generates strong in-place income with significant potential for increased returns in the future. Don't miss out on this exceptional investment in one of Chicago's most sought-after neighborhoods!
12271953
MLSⓇ ID
January 16, 2025
Listed
January 16, 2025
Updated
Map
2541 N Southport Avenue
Chicago IL, 60614
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Area Name
CHI - Lincoln Park
Taxes
$18,923
Tax Frequency
Annually
Days on Market
2
Garage
No
View
No
County
Cook
Municipality
Lake View
Pool
No
Zoning
MULTI
Courtesy of Cagan's Realty, Inc., Tyler Weekes,
Listing Contact: 708-400-0171
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Millie Rosenbloom are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/16/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 8:36 AM UTC, 1/16/2025
