Active
2243 N Seminary Avenue
Chicago IL, 60614
$2,975,000
Active
10 Beds
8 Baths
Multi-family
Built in 1891
Courtesy of Dwell One Realty
Investors Dream!! Welcome to Lincoln Park's most premier 3-unit Greystone. This expansive, newly rehabbed building is comprised of a lavish duplex-up penthouse and two simplex units and is producing $19,465 per month income! With a gross annual income of $233K and a net operating income exceeding $198K, the Cap Rate is 6%! The top floor penthouse ($12,000/mo) is a 4BD/3.5BA duplex-up and is rented through May 2025, Unit 1 ($4465/mo) is a 3BD/2BA simplex and Unit G ($3000/mo) is a 3BD/2BA simplex. The penthouse suite is a spacious 3000sf offering unrivaled luxury with an open floor plan, wide plank hardwood floors, custom millwork, designer lighting, keyless code entry locks, a chef's kitchen with a 12-foot Quartzite Island and matching counters and backsplash, high-end appliances including a Wolf range and Subzero refrigerator, soft close drawers and under-mount LED lighting. The primary suite features a spa-like bath adorned with marble finishes, a dual vanity sink, heated floors, a separate soaking tub, and a marble walk-in shower. Each room has been updated with new custom closet fit-outs and window treatments. Outdoor spaces include Trex oversized balconies on every level, one with a private hot tub, and private garage rooftop deck accessible via a catwalk from the living room balcony. Unit 1 features hardwood floors, a spacious open layout, and gourmet kitchen complete with a large island, sleek quartz countertops, custom cabinetry, and modern stainless-steel appliances. Further highlights include designer lighting, cozy heated bathroom floors, custom closets, an expansive rear terrace, a convenient in-unit washer and dryer, and secure private access with keyless code-activated door locks. The garden unit has stainless-steel appliances, accentuated by white cabinets and under-cabinet LED lighting. An expansive breakfast island doubles as additional storage space, beautifully complemented by stylish quartz countertops and a matching tile backsplash. New wide plank, white-washed LVT flooring stretches throughout the unit. Both spa-inspired bathrooms have been redesigned to feature temperature-regulated heated floors, chic marble vanity sinks, high-end fixtures, a bathtub, and a walk-in shower elegantly lined with subway tile. Smart features include a Nest thermostat, an on-demand hot water system, solar window treatments. Additional features include an in-unit front-loading washer and dryer and secure private access with keyless code-activated door locks. The building is fully fenced and provides a private outdoor backyard, ensuring a sense of seclusion amid city living, and a new all-brick 2-car garage with custom cabinets, flooring and heated for added convenience and comfort. Situated just steps away from high-end shopping, boutique shops, renowned restaurants, picturesque parks, and the vibrant Fullerton/Armitage CTA, this location offers the best of urban living at your doorstep. Additionally, the proximity to DePaul University and the captivating lakefront add to the allure of this remarkable residence.
11987102
MLSⓇ ID
June 12, 2024
Listed
August 23, 2024
Updated
Map
2243 N Seminary Avenue
Chicago IL, 60614
Interior Features
Bedrooms
10
Total Bathrooms
8
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Exterior Features
Balcony, Deck, Roof Deck, Stamped Concrete Patio, Storms/Screens
Lot Features
Fenced Yard
Architectual Style
Greystone
Roof
Rubber
Sewer
Public Sewer
School Information
School District
299
High School
Lincoln Park High School
Elementary School
Oscar Mayer Elementary School
Other Property Details
Area Name
CHI - Lincoln Park
Taxes
$29,605
Tax Frequency
Annually
Days on Market
67
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Cook
Municipality
North Chicago
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Courtesy of Dwell One Realty, Tim Stassi,
Listing Contact: 312-371-1070
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gillman Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 8/23/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 6:53 PM UTC, 8/23/2024