2516 W Lyndale Street, Chicago, IL 60647
Local realty services provided by:Results Realty ERA Powered
2516 W Lyndale Street,Chicago, IL 60647
$1,045,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: george selas
Office: baird & warner
MLS#:12711586
Source:MLSNI
Price summary
- Price:$1,045,000
About this home
Exceptional investment opportunity in the heart of Logan Square! Situated on charming tree-lined Lyndale Street, this legal three-unit building offers the perfect blend of classic Chicago character and modern functionality in one of the city's most sought-after and rapidly growing neighborhoods. Just a short walk to Logan Boulevard, the Blue Line, parks, and a vibrant mix of restaurants, cafes, and nightlife. Two units features 3 bedrooms and 1 full bathroom & 1 unit 2 bedrooms and 1 full bathroom making the property ideal for both investors and owner-occupants. Updated kitchens and bathrooms complement the building's original charm, while three separate HVAC systems (gas forced heat and central air) provide comfort and efficiency for every unit. The first-floor apartment has been successfully operated as a longer-term Airbnb-style rental catering to working professionals. All indoor and outdoor furnishings shown are included, allowing a buyer to seamlessly continue this proven income model. The remaining units are unfurnished and well-suited for traditional long-term tenants, offering flexible rental strategies and strong income potential. Additional highlights include expansive rear decks, common area laundry in the lower level, and two exterior storage units located beneath the rear stairwells. The rear yard features a full concrete pad, pitched and engineered to support the future addition of an upper garage structure, along with an existing gated parking area accommodating two cars. The rental potential for the three units and parking is approximately $8,500-9,000 per month. Meticulously maintained and thoughtfully improved, this property delivers outstanding comfort, functionality, and long-term value - a rare turnkey multi-unit opportunity in one of Chicago's hottest neighborhoods. Unit 2 currently rented for $3,500 per month & unit 3 for $3,100 per month....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:12711586
- Updated:August 15, 2026 at 10:28 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,045,000
- Tax amount:$14,454 (2024)
Parking
- Total parking spaces:2
New listings near 2516 W Lyndale Street
- New
$649,000Active2 beds 2 baths1,342 sq. ft.Address Withheld By Seller, Chicago, IL 60603
MLS# 12721489Listed by: COLDWELL BANKER REALTY - Open Sun, 12 to 2pmNew
$379,900Active4 beds 2 baths1,524 sq. ft.Address Withheld By Seller, Chicago, IL 60634
MLS# 12722808Listed by: BERKSHIRE HATHAWAY HOMESERVICES STARCK REAL ESTATE - New
$200,000Active4 beds 2 baths8220 S Houston Avenue, Chicago, IL 60617
MLS# 12724479Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - Open Sun, 1 to 3pmNew
$350,000Active2 beds 2 baths1,450 sq. ft.5901 N Sheridan Road #16C, Chicago, IL 60660
MLS# 12725252Listed by: COMPASS - New
$424,999Active2 beds 2 baths1,124 sq. ft.6331 N Glenwood Avenue #3, Chicago, IL 60660
MLS# 12726781Listed by: CHICAGOLAND PROPERTY NETWORK - Open Sat, 11am to 1pmNew
$570,000Active2 beds 1 baths2,235 sq. ft.1872 N Clybourn Avenue #103, Chicago, IL 60614
MLS# 12730117Listed by: KELLER WILLIAMS ONECHICAGO - Open Sat, 1 to 3pmNew
$419,900Active2 beds 2 baths1,400 sq. ft.3559 W Montrose Avenue #4E, Chicago, IL 60618
MLS# 12730279Listed by: CENTURY 21 CIRCLE - New
$250,000Active5 beds 2 baths6959 S Eberhart Avenue, Chicago, IL 60637
MLS# 12730322Listed by: BAIRD & WARNER - Open Sat, 10am to 12pmNew
$439,000Active2 beds 3 baths1,480 sq. ft.1911 S State Street #1, Chicago, IL 60616
MLS# 12731439Listed by: REDFIN CORPORATION - New
$314,900Active3 beds 2 baths1,176 sq. ft.10300 S Talman Avenue, Chicago, IL 60655
MLS# 12732284Listed by: GATES AND GABLES REALTY