IL
Cook
Chicago
60614
2541 N Southport Avenue
2541 N Southport Avenue, Chicago, IL 60614
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Listing Type
Commercial/Industrial
Listing Status
active
20
$2,200,000

Home Details for 2541 N Southport Avenue

Price
$2,200,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1880
County
Cook
Garage
Basement
Finished
Days on site
1
MLS Listing#
12308433
Listing Courtesy: Cagan's Realty, Inc. - 847-324-8966
Property Description

Situated in the highly desirable Lincoln Park neighborhood, this beautifully renovated 5-unit building offers a rare opportunity for investors. Perfectly located along the Southport Corridor, it provides easy access to transportation, world-class dining, and DePaul University. This turnkey property features two front units, two rear units, and a garden unit, all fully updated within the last two years. Renovations include modernized plumbing, upgraded electrical panels and service, along with high-end interior finishes in every unit. Each unit is equipped with separate HVAC systems and individual hot water heaters, with tenants responsible for their own gas and electricity, ensuring efficient and low-maintenance management. The property also includes a spacious 2-car garage in the rear, adding further value. With all units leased through summer 2025, this building generates strong in-place income with significant potential for increased returns in the future. Don't miss out on this exceptional investment in one of Chicago's most sought-after neighborhoods!

Property Features
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Basement
    • Finished
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-03-10 14:30:40. 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.
Last Updated: 2025-03-10 14:30:40
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2750-2752 Caton Farm Rd, Joliet, IL 60435
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License #: 471022127
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Agent
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