2516 W Lyndale ST, Chicago, IL 60647
2516 W Lyndale ST, Chicago, IL 60647
2516 W Lyndale ST, Chicago, IL 60647
2516 W Lyndale ST, Chicago, IL 60647
2516 W Lyndale ST, Chicago, IL 60647
2516 W Lyndale ST, Chicago, IL 60647
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Michael Vrielink

Michael Vrielink

+1(312) 970-9476
$ 1,075,000
Est. payment | /mo

8 Beds

3 Baths

Save
$ 1,075,000
Est. payment | /mo
Save

8 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12617507

Bedrooms 8

Year Built 1900

Annual Tax Amount $14,454

Tax Year 2024

Lot Dimensions 25 x 125

Property Sub-Type Two to Four Units

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. The rental potential for the three units and parking is approximately $8,500 per month. 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.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by George Selas of  Baird & Warner 

Nearby Locations

Michael Vrielink

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

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2516 W Lyndale ST