2638 West Lyndale, Chicago IL 60647
$820,000

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Property Description

Prime Investment Opportunity in the Heart of Logan Square! Fully renovated multi-unit building located in one of Chicago's most desirable neighborhoods - Logan Square. Great schools! The property has undergone a complete interior renovation and is perfectly set up for both long-term rental income and Airbnb potential. Property Features: * 2 full residential floors plus fully remodeled garden level * New flooring installed throughout all 3 levels * Brand-new HVAC system installed on all floors * New A/C units installed * Two new furnaces installed for upper levels * New water heaters/boilers * All copper plumbing replaced * Entire sewer system replaced * New main water service installed * Updated electrical lighting throughout the building * All bathrooms fully renovated with new fixtures and finishes * All entry doors replaced * Parking space located behind the building New Kitchens on Every Floor Include: * Brand-new kitchen cabinets * Granite countertops installed in every kitchen * New refrigerators * New gas stoves * New dishwashers * Fully updated kitchen appliances throughout Laundry: * Brand-new shared laundry area with coin-operated washer & dryer Garden Level: * Fully converted into 2 separate 1-bedroom units * Designed and prepared for Airbnb operation * Separate living areas/zones created * Dual zoning system installed for efficient climate control Second & Third Floors: * Fully renovated 3-bedroom apartments * Currently tenant occupied * Stable long-term tenants with annual leases through approximately summer * Excellent payment history * Current rental income from 2nd & 3rd floors: approximately $3,700/month Additional Income Potential: * Estimated Airbnb income from two garden units $55,000/yr Separate electric and gas meters for each floor/unit Turn-key investment opportunity with major mechanical systems already updated. Excellent option for investors seeking strong cash flow in one of Chicago's fastest-growing neighborhoods. Located near restaurants, nightlife, Blue Line access, and downtown Chicago. Property is sold as is. All furniture stays.

Features & Information

Key Details

  • List Price $820,000
  • Property Taxes $4,331
  • Price/ Sq. Ft. Unavailable
  • Year Built U
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  3

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Vinyl Siding
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood
  • Unit 2 Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood
  • Unit 3 Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood
  • Unit 4 Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Range Hood

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property California To Belden To Washtenaw To Lindale, To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4331
  • Tax Year 2022
  • Tax Exemptions None
  • Parcel Identification Number 13362110190000

Utilities

  • Sewer Sewer-Publ

Listed by: Prestige Realty, Inc | Phone: 847.465.1010
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/16/2026 1:02 PM. 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.

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