Chicago, IL 60614 2422 N Orchard Street

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Presented By: Jameson Sotheby's Intl Realty
  • MLS# 12137469
  • 08/13/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 16
  • Baths • 8
  • SQFT • 7,000

Home Details

Trophy Property in East Lincoln Park! Discover this remarkable 4-unit landmarked building in the heart of East Lincoln Park. Completely renovated in 2018, this property features contemporary finishes and well-designed layouts that maintain high tenant demand. Nestled on a picturesque one-way street, this location offers unparalleled accessibility with a short 8 min walk to the Fullerton CTA Station, DePaul University, and Whole Foods, and convenient access to the lakefront jogging and biking paths. Each spacious unit spans nearly 1,800 square feet and offers 4 bedrooms and 2 full bathrooms. The gourmet kitchens are outfitted with Bosch appliances, and condo-quality bathrooms feature walk-in showers, while custom solar shade window treatments enhance both privacy and energy efficiency. With generous room sizes, these units are perfect for roommates, ensuring ample living space. This is a turn-key investment opportunity with like-new mechanicals, roofing, and plumbing, ensuring low maintenance for the foreseeable future. The property provides the convenience of in-unit laundry and includes 3 exterior parking spaces and a fully fenced outdoor area for residents. A keyed elevator provides direct access to each unit for an exclusive living experience. Additional features include bike racks and rear decks for tenant enjoyment. Whether you're looking to expand your investment portfolio or owner-occupy, this is a prime opportunity in a highly sought-after location. Please contact us for more information, including the rent roll and expense statement
Presented By: Jameson Sotheby's Intl Realty

Interior Features for 2422 N Orchard Street

Bedrooms

Bedrooms Possible16
Total Bedrooms16

Bathrooms

BathroomSeparate Shower, No Tub
Full Baths Building8
Half Baths Building
Total Baths8

Other Interior Features

BasementNone
BasementNone
Total Number of Units4

General for 2422 N Orchard Street

Additional Parcels Y/NNo
CityChicago
CountyCook
Days on Market40
DirectionsFullerton to Orchard, north to 2422.
Electric Expense2941
Elementary SchoolAlcott Elementary School
Elementary School District299
Exterior FeaturesBalcony, Deck
Fuel Expense2960
Gross Income270600
HeatingNatural Gas
High SchoolLincoln Park High School
High School District299
Insurance Expense3022
MLS AreaCHI - Lincoln Park
Middle/Junior School District299
Net Operating Income209100
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount29264
Tax Year2023
Total Rooms24
TownshipNorth Chicago
Trash Expense714
Water Sewer Expense2781
Waterfront Y/NNo

Exterior for 2422 N Orchard Street

ExteriorBrick
Lot Dimensions4010
Lot FeaturesLandscaped
Parking FeaturesAssigned, Off Alley
Total Parking3
Water SourceLake Michigan

Additional Details

Price History

Schools

High School Lincoln Park High School
Middle School N/A
Elementary School Alcott Elementary School

Worth Clark

Price $3,350,000
MLS#12137469
List Date 08/13/2024
Property Type Multi-Family
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