2228 N Southport AVE

Chicago,IL 60614

$ 1600000

5 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12199610

Bedrooms 5

Annual Tax Amount $17,723

Tax Year 2023

Lot Dimensions 50 X 128

Property Description

Exciting opportunity to own a 2 flat in Lincoln Park. Perfect for redevelopment potential! At 2228 N. Southport Ave, you'll find spacious hardwood floors throughout both light-filled units. The building is well-maintained with washer, dryer, and dedicated storage rooms in the basement, plus a rear porch and bike space for each unit. The second-floor unit even includes a third bedroom. Recently tuckpointed and with parking behind the building, it offers excellent rental income potential. Located on a quiet, tree-lined street next to the charming Clover Park playground, this property boasts unbeatable proximity to Lincoln Park's best amenities. Walk to DePaul University, Fullerton CTA, Barnes & Noble, Potbelly's, Pequod's Pizza, and Regal Webster Place Cinema. Within District 299, it's near top-rated schools, including Oscar Mayer Magnet School and Lincoln Park High School, with St. Josaphat School just steps away. Adding to the appeal is the upcoming Lincoln Yards development, a 55+ acre project poised to transform the North Branch of the Chicago River with green space, riverwalk access, dining, shopping, and entertainment. This development will connect Lincoln Park to Wicker Park and Bucktown, increasing future demand in the area. A dream for developers, rent out these units while you plan your next move. With two adjacent lots available, this is a rare opportunity to develop multiple properties in an ideal Lincoln Park location. Sold As-Is.

Location

State IL

County Cook

Area Chi - Lincoln Park

Rooms

Basement Full

Interior

Heating Natural Gas,Steam,Baseboard,Sep Heating Systems - 2+

Equipment Ceiling Fan(s),Multiple Water Heaters

Fireplace N

Exterior

Community Features Park,Curbs,Sidewalks,Street Lights,Street Paved

Waterfront false

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Oscar Mayer Elementary School

Middle Schools Oscar Mayer Elementary School

High Schools Lincoln Park High School

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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