2516 West Lyndale, Chicago IL 60647
Listing Agent
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George Selas
312.925.7666 | Email | About
- Units 3
- Total Beds 9
- Total Baths 3
- Taxes $14,454
- Payment Estimate View Mortgage Calculator
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Property Description
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. Each spacious unit features 3 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. 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.
Features & Information
Key Details
- List Price $1,200,000
- Property Taxes $14,454
- Price/ Sq. Ft. Unavailable
- Year Built 1900
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 15
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding,Frame
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator, Dishwasher, Microwave
- Unit 2 Stove, Refrigerator, Dishwasher, Microwave
- Unit 3 Stove, Refrigerator, Dishwasher, Microwave
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Fullerton To Rockwell, South To Lyndale, East To 2516
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
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Property Taxes
- Tax 14454
- Tax Year 2024
- Tax Exemptions None
- Parcel Identification Number 13362120240000
Utilities
- Sewer Sewer-Publ
Based on information submitted to the MLS GRID as of 3/21/2026 6:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Explore Logan Square
Logan Square is a diverse, family-friendly neighborhood with a growing number of restaurants, nightlife and stores, and so much green you'll forget you're in the city. Wide, landscaped boulevards are characteristic of Logan Square – remnants of the past that continue to define the area today. Off the boulevards are a hodgepodge of residences that cover every housing preference, from old mansions to contemporary condominiums. Local eateries and cafés are favorites among Logan Square inhabitants who will find an extensive selection of dining options in all directions. A handful of bars are thrown into the mix, as are theaters and other entertainment venues. Logan Square also offers a decent assortment of retail outlets that embrace both national name brands and those of the homegrown variety. During certain months of the year Logan Square is home to one of Chicago's many farmers' markets, and for anyone who wants to skip out on the Taste of Chicago, you can come to the Taste of Logan Square for a downsized version of the massive food festival.
Mortgage Calculator
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