2422 N Seminary Avenue
Chicago, IL, 60614 $ 1,375,000
Bedrooms4 Baths5.1 Monthly Estimate*
$ 8,682
for $1,375,000 with 4 bedrooms and 5 full baths, 1 half bath. This home was built in 1880.
Exceptional investment opportunity in the heart of Lincoln Park. Just steps from DePaul University, Fullerton CTA Red/Brown Line, and some of the most desirable shopping and dining this location provides the perfect recipe to maximize city living. This well-maintained three-unit property offers outstanding flexibility for investors, owner-occupants, or buyers seeking a future single-family conversion. Currently generating $6,400 per month in rental income with rents significantly below market, the property presents immediate upside potential and long-term value appreciation. The versatile layout accommodates a variety of ownership strategies, including a pure investment hold, owner-occupancy with supplemental rental income, or a customized single-family residence conversion. Unit 3 is a unique two-story residence featuring a dramatic vaulted family room, expansive east-facing windows, front and rear staircases, original fireplace, and beautiful vintage trim details. With two bedrooms, two-and-a-half baths, in-unit laundry, two private decks, and a loft space, it presents an exceptional owner-occupant opportunity. Unit 2 has the same vintage charm with the conveniences of in unit laundry, office space and private deck. The recently renovated garden unit offers a fresh, contemporary aesthetic designed to maximize functionality and efficiency. Thoughtfully updated throughout, the space delivers clean finishes, modern appeal, and turnkey condition for tenants or owner occupancy. Additional features include a two-car garage, private fenced yard, and an unbeatable Lincoln Park location near DePaul's campus, public transportation, parks, and neighborhood conveniences. Whether you're seeking strong income potential, benefits of owner-occupied rental income, or a future redevelopment project, 2422 N Seminary offers a rare combination of location, flexibility, and upside in one of Chicago's most sought-after neighborhoods.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Other
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1880
Township Lake View
Tax Year 2023
Ownership Fee Simple
Gross Income 76800
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions Fullerton to Seminary East. Property is on the Left
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Park
Tax Annual Amount 22321
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement None
Total Bedrooms 4
Total Baths 5
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 1
Total Number of Units 3
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ExteriorParking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 20x120x20x120
Waterfront Y/N N
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* Excluded FeaturesList ByJohn Greene, RealtorBroker
lauradelaceybougadis@johngreenerealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,682
- Monthly Property Taxes
- $1,860
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $623,952
Percent of Sale Price 55%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Lincoln Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $1,375,000 | | Listed Price |