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$2,499,000
5,529
square ft

2544 N Burling Street
Chicago, Illinois 60614

Closed / MLS #12301656 / Multiple Family / Lincoln Park
Listing information updated 4/14/2025 at 9:03am
After 40 years, this exceptional 6-unit Greystone is available on one of the most coveted streets in Lincoln Park. With an impressive 6.39 cap rate and 218K+ in total rent (with upside potential), this fully leased building is a fantastic investment opportunity. Long-term, qualified tenants are in place with annual leases, and historically, the building has stayed fully occupied. Perfect for an owner-occupant or as an armchair investment, the property offers a stunning top-floor 4-bedroom, 2-bath unit with soaring ceilings and an abundance of natural light. The building also features one 2-bedroom unit, three 1-bedroom units, and a spacious 3-bedroom, 2.5-bath lower-level unit. Enjoy multiple outdoor spaces, central heating and air (with the exception of one unit), and in-unit laundry in the larger units, with common laundry for the others. Additional storage is available within the building, and there's a 2-car garage with a rooftop deck in the rear. Located in one of Chicago's finest neighborhoods, this property is just a short walk to Lake Michigan, the Fullerton public transportation stop, top-tier restaurants, shopping, and vibrant nightlife. With R4 zoning, this building is in excellent condition and is sold as-is. For more details, including a list of improvements and the rent roll, please refer to the additional documents.
Exterior Type:
Limestone
Basement:
Finished,Exterior Entry
Water Front:
No
Square Feet:
5,529
Built:
1893
Cooling System:
Central Individual
Stories:
3
Zoning:
MULTI
Building Square Feet:
5,529
Current Net Income:
$165,674
Unit 1:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 4:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 5:
8 room(s) / 4 bed(s) / 2 bath(s)
Tax Amount:
$34,667
Tax Year:
2023
Zip Code:
60614
City:
Chicago
County:
Cook

Listing Office: Berkshire Hathaway HomeServices Chicago

Listing Office Phone: 312.944.8900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/14/2025 at 9:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some listings have been excluded from this website.

Lincoln Park

Lincoln Park, IL

Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...

CTA

CTA
Brown line at Fullerton
CTA
Purple line at Fullerton
CTA
Red line at Fullerton
$1,033,666
Average Sale Price
41
Average Days On The Market
101%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2544 N Burling Street, Chicago, IL 60614
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2544 N Burling Street, Chicago, IL 60614 is a multiple family which sold for $2,499,000. This multiple family has been listed on @properties Christie's International Real Estate since March 2nd, 2025 and was built in 1893. The nearest transit stops include Fullerton CTA Brown line.

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