43
See all 43 photos
$1,700,000
Est. payment /mo
10 Beds
4 Baths
Active Under Contract
3423 N Seminary ST Chicago, IL 60657
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12686087
Bedrooms 10
Year Built 1888
Annual Tax Amount $12,310
Tax Year 2024
Lot Dimensions 24 x 125
Property Sub-Type Two to Four Units
Property Description
Located in the vibrant heart of Lakeview, 3423 N. Seminary is a well-maintained legal 3unit building featuring two spacious three-bedroom apartments and a four-bedroom duplex up. This property includes a two-car brick garage and offers excellent rental income, with all units leased through May and July 2027, generating a net operating income of $75,806.47 after expenses and property taxes. Pride of ownership shines through updates and care over the years. Each unit boasts a private balcony and access to a fenced backyard with a charming brick patio. Additional conveniences include a washer, dryer, and extra storage in the basement. Photos reflect the current condition, and the property is ready for new ownership with tenant leases in place. The building has been thoughtfully updated and offers a low-maintenance, turnkey investment in one of Chicago's most desirable neighborhoods. Rarely does an opportunity combine location, condition, and income potential with this level of flexibility.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air, Steam
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick,Block,Stone, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Block,Stone
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Michael Saladino of Keller Williams ONEChicago
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