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$2,100,000

2541 N Southport Avenue
Chicago, Illinois 60614

Closed / MLS #12362328 / Multiple Family / Lincoln Park
Listing information updated 5/11/2025 at 8:23pm
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!
Exterior Type:
Brick,Wood,Aluminum Siding,Combination
Basement:
Finished
Water Front:
No
Square Feet:
N/A
Built:
1880
Cooling System:
Central Air,Central Individual
Stories:
2
Zoning:
MULTI
Current Net Income:
$151,882
Unit 1:
6 room(s) / 3 bed(s) / 2 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
4 room(s) / 2 bed(s) / 1 bath(s)
Tax Amount:
$18,923
Tax Year:
2023
Zip Code:
60614
City:
Chicago
County:
Cook

Listing Office: Star Realty & Management

Listing Office Phone: 312.371.2564

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 5/11/2025 at 8:23pm. 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

Metra

Metra
Union Pacific North line at Clybourn Metra
Metra
Union Pacific Northwest line at Clybourn
$1,034,907
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 2541 N Southport Avenue, Chicago, IL 60614
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2541 N Southport Avenue, Chicago, IL 60614 is a multiple family which sold for $2,100,000. This multiple family has been listed on @properties Christie's International Real Estate since May 11th, 2025 and was built in 1880. The nearest transit stops include Fullerton CTA Brown line and Clybourn Metra Metra Union Pacific North line.

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