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2428 N Geneva Ter
Multi-Family
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$1,350,000

2428 N Geneva Ter, Chicago

4 bd·2 ba·0 sqft
Park West

2428 N Geneva Ter, Chicago, IL

4 bd · 2 ba · 0 sqft Multi-Family listed at $1,350,000 in the Park West neighborhood.

About this home

Exceptional opportunity to own a beautifully updated, turnkey 2-flat in prime East Lincoln Park. This Victorian "Chicago Eastlake - Stick Style" building has been meticulously maintained and is part of a rare 60-foot frontage offering with over $271,600 in recent owner-funded improvements across the properties. Each unit features 2 bedrooms and 1 bath with refined finishes throughout, making this an ideal option for rental income, multi-generational living, or portfolio expansion. The property offers classic architectural charm paired with modern livability in a premier location. Zoned RM-5, the building provides long-term flexibility and investment potential in one of Chicago's most desirable neighborhoods. Located within the Lincoln School District and just steps from the lakefront, parks, dining, boutique shopping, and public transportation. The adjacent single-family residence at 2424 N Geneva Ter is also available and it is preferred that both properties be purchased and closed concurrently. Property is offered "As-Is, Where-Is, with all faults." Separate PIN.

Property details

Price
$1,350,000
Bedrooms
4
Bathrooms
2
Type
Multi-Family
Days on market
60
Est. property tax
$28,080/yr · $2,340/mo · 2.08% IL avg
Last sold
$724,000 · Jul 2017

Estimated monthly payment

Down payment20% ($270,000)
Interest rate6.75%
Principal & Interest$7,005
Property Tax$1,238
Insurance$150
Total$8,392/mo

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Price history

$2.08M$945K$-186K$1.31M on Oct 05 (Sold)$1.89M on Jun 15 (Initial list)$1.89M on Mar 16 (Price change)$1.89M on May 16 (Initial list)$1.89M on Jul 16 (Price change)$1.89M on Jul 16 (Relisted)$1.79M on Jul 16 (Initial list)$1.89M on Jul 16 (Price change)$1.59M on Sep 16 (Price change)$1.52M on Aug 17 (Sold)$2K on Oct 17 (Price change)$2K on Jan 18 (Price change)$1.35M on Feb 26 (Initial list)
$1.31M · Oct 05$1.35M · Feb 26
  1. Feb 25, 2026$1,350,000Initial list price
  2. Jan 5, 2018$2,295Price change
  3. Oct 25, 2017$2,295Price change
  4. Aug 3, 2017$1,520,000Sold
  5. Sep 8, 2016$1,588,000Price change
  6. Jul 25, 2016$1,888,000Price change
  7. Jul 25, 2016$1,789,000Initial list price
  8. Jul 16, 2016$1,888,000Relisted
  9. Jul 15, 2016$1,888,000Price change
  10. May 16, 2016$1,888,000Initial list price
  11. Mar 25, 2016$1,888,000Price change
  12. Jun 15, 2015$1,888,000Initial list price
  13. Oct 20, 2005$1,310,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60614)

This neighborhood skews young (median age 31.0) and is highly educated (46% hold a bachelor's degree). 45% of homes are owner-occupied; median household income is $135,364.

Median income
$135,364
Median age
31.0
Owner-occupied
45.2%
Bachelor's degree
45.7%
Census median home value
$730,300

Source: US Census Bureau American Community Survey 5-year estimates.

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