Listing provided courtesy of john greene, RealtorMREDas Distributed by MLSGrid- MLS# 12686705MLS Provider

2422 N Seminary AvenueChicago, IL 60614

Multi-Family · 4 Beds
$1,375,000 Active

2422 N Seminary Avenue Overview

Time on Site:
5 days
Visits:
0

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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2422 N Seminary Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299
  • High School: Lincoln Park High School

Income/Expenses

  • Gross Income: 76800

Building Information

  • New Construction: No
  • Year Built: 1880

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lincoln Park
  • Township: Lake View

Tax Information

  • Tax Annual Amount: $22,321.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 14294250190000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 1
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 5
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 4

General Information

  • Basement: None
  • Heating: Natural Gas
  • Rooms Total: 15

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 20x120x20x120
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2000
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 3200
  • Beds Total: 2
  • Baths Total: 3

2422 N Seminary Avenue Neighborhood

Community

60614 (Chicago) Demographics

30
Median Age
20,962
Population Density (per sq. mile)
88%
College Educated
$117,251
Estimated Median Income
15,110
Estimated Total Home Owners
18,292
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2422 N Seminary Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2422 N Seminary Avenue Market Data

Based on the last 30 days in this zip code

$1,409,089
Average List Price
$844
Average Price per Square Foot
119
Properties Sold
57
Average Days on Market
259
Properties for Sale
Calculations provided by Reliance Network

2422 N Seminary Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026
11/11/2022Source: MRED Status Change
Pending
10/3/2022Source: MRED Status Change
Active
9/28/2022Source: MRED Price Reduction
$950,000 -4.9%
9/28/2022Source: MRED Status Change
Price Change
9/12/2022Source: MRED Status Change
Active
9/7/2022Source: MRED Added to Database
September 07, 2022