Chicago, IL 60614 2243 N Seminary Avenue

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Presented By: Dwell One Realty
  • MLS# 11987102
  • 06/12/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 10
  • Full/Half Baths • 8 / 1
  • Garage • 2

Home Details

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.
Presented By: Dwell One Realty

Interior Features for 2243 N Seminary Avenue

Bedrooms

Bedrooms Possible10
Total Bedrooms10

Bathrooms

BathroomSeparate Shower, Steam Shower, Double Sink, Soaking Tub
Full Baths Building7
Half Baths Building1
Total Baths8

Other Interior Features

BasementFull
BasementFinished, Exterior Access
Total Number of Units3

General for 2243 N Seminary Avenue

Architectural StyleGreystone
CityChicago
Community FeaturesCurbs, Gated, Sidewalks, Street Lights, Street Paved
CountyCook
Days on Market109
DirectionsWebster to Seminary, North to property
Elementary SchoolOscar Mayer Elementary School
Elementary School District299
Exterior FeaturesBalcony, Deck, Roof Deck, Stamped Concrete Patio, Storms/Screens
Garage Spaces2
HeatingNatural Gas, Forced Air
High SchoolLincoln Park High School
High School District299
MLS AreaCHI - Lincoln Park
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount29604.9
Tax Year2022
Total Rooms20
TownshipNorth Chicago
Waterfront Y/NNo
Year Built1891
ZoningMULTI

Exterior for 2243 N Seminary Avenue

ExteriorBrick, Stone, Limestone
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions24X124
Lot FeaturesFenced Yard
Other EquipmentHumidifier, CO Detectors, Sump Pump
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Schools

High School Lincoln Park High School
Middle School N/A
Elementary School Oscar Mayer Elementary School

Worth Clark

Price $2,975,000
MLS#11987102
List Date 06/12/2024
Property Type Multi-Family
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