2248 N Southport Ave, Chicago, IL
7 bd · 4 ba · 0 sqft Multi-Family listed at $1,350,000, built in 1898 in the Lincoln Park neighborhood.
About this home
Fantastic INCOME producing 4 flat in convenient Lincoln Park/Depaul Location. 2 Front and 2 rear units with 2 car garage parking and coin laundry provide ~ $9,000 in monthly income! This rarely available, large brick 4-Unit on highly desired block is near schools, DePaul Campus and Clybourn/Elston Commercial corridors. Three units are 2 bed 1 bath and one unit is 1 bed 1 bath. All have hardwood floors, central heat and a/c (unit 1R no central a/c). Units have been updated over the years, but still provide value add opportunity - particularly the 2 bed units. Coin laundry in lower level with tons of additional common storage opportunity for tenants. Large, common patio leads to fully rented 2 car garage.
Property details
- Price
- $1,350,000
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- 1898
- Type
- Multi-Family
- Days on market
- 9
- Est. property tax
- $28,080/yr · $2,340/mo · 2.08% IL avg
- Last sold
- $830,000 · Apr 2014
Estimated monthly payment
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Price history
- Apr 16, 2026$1,350,000Initial list price
- Mar 14, 2014$830,000Sold
- Jan 14, 2014$925,000Initial list price
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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