2468 North Orchard Street, Chicago, IL, 60614

$3,700,000

About 2468 North Orchard Street

Prime East Lincoln Park Multi-Unit Investment Opportunity providing both current cash flow and long-term appreciation potential. 2468-72 N. Orchard Street is a beautiful all-brick building with limestone accents in the heart of the Arlington-Deming Historic District, one of Chicago's most desirable residential corridors. This must-see family-owned building has not been on the market for over 60 years, a rare opportunity that is not to be missed. Situated on a double-lot (50x126), this well-maintained 1918 property offers a rare combination of size, location, and income potential with value-add possibilities. The 7-unit building features six spacious 2-bedroom/1-bath units (approximately 1,400 SF each) and one 1-bedroom/1-bath unit, for a total of 13 bedrooms and 7 bathrooms. Five surface parking spaces are included - a valuable amenity in a sought-after neighborhood. Tenants enjoy easy access to CTA trains and buses, Lake Michigan, DePaul University, and the countless dining, shopping, and entertainment options offered in Lincoln Park. The building is located steps from Saint Clement School and in the Alcott and Lincoln Park High School districts. Zoned RM5. Whether you're looking to expand your portfolio with a stable, income-producing, turnkey asset with upside potential or explore future redevelopment opportunities on a wide lot in one of Chicago's premier neighborhoods, 2468-72 N. Orchard Street presents an exceptional opportunity for investors or 1031 exchange buyers. Listing broker must accompany all showings. 48-hour notice required.

Additional Information: This property is located in the CHI - Lincoln Park neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $3,700,000.

Facts & Features

MLS® # 12485776
Price $3,700,000
Bathrooms 0.00
Taxes $24,513
Acres 0.00
Year Built 1918
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 2468 North Orchard Street
Area CHI - Lincoln Park
City Chicago
County Cook
State IL
Zip Code 60614

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 9
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $24,513

Listing Details

Office@properties Christie's International Real Estate
Contact Info312-682-8500

Listing Map

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