REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Jan

Mon

Jan

Tue

Jan

Lizzie Kirchner

Engel & Völkers

lizzie.kirchner@engelvoelkers.com +1(312) 593-8590

$ 3,700,000

Est. payment -/mo

Save

Active Under Contract

2468 N Orchard ST Chicago, IL 60614

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12485776

Maintenance Fees $17,436

Year Built 1918

Annual Tax Amount $24,513

Tax Year 2023

Lot Dimensions 50x126

Property Sub-Type Multi Family 5+

Property Description

Prime East Lincoln Park Multi-Unit Investment Opportunity providing both current cash flow and long-term appreciation potential. 2468-72 N. Orchard Street is a beautiful all-brick building with limestone accents in the heart of the Arlington-Deming Historic District, one of Chicago's most desirable residential corridors. This must-see family-owned building has not been on the market for over 60 years, a rare opportunity that is not to be missed. Situated on a double-lot (50x126), this well-maintained 1918 property offers a rare combination of size, location, and income potential with value-add possibilities. The 7-unit building features six spacious 2-bedroom/1-bath units (approximately 1,400 SF each) and one 1-bedroom/1-bath unit, for a total of 13 bedrooms and 7 bathrooms. Five surface parking spaces are included - a valuable amenity in a sought-after neighborhood. Tenants enjoy easy access to CTA trains and buses, Lake Michigan, DePaul University, and the countless dining, shopping, and entertainment options offered in Lincoln Park. The building is located steps from Saint Clement School and in the Alcott and Lincoln Park High School districts. Zoned RM5. Whether you're looking to expand your portfolio with a stable, income-producing, turnkey asset with upside potential or explore future redevelopment opportunities on a wide lot in one of Chicago's premier neighborhoods, 2468-72 N. Orchard Street presents an exceptional opportunity for investors or 1031 exchange buyers. Listing broker must accompany all showings. 48-hour notice required.

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning MULTI

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Listed by Stephanie Klein Trout of @properties Christie's International Real Estate

SCHOOLSPROPERTIES

Elementary Schools 20

10

Hawthorne Elementary Scholastic Academy

Public | KG - 8
10

Skinner North Elementary School

Public | KG - 6
10

Lincoln Elementary School

Public | KG - 8
9

Burley Elementary School

Public | KG - 8
9

Prescott Elementary School

Public | PK - 8
9

Disney Elementary Magnet School

Public | PK - 8
9

Alcott Elementary School

Public | KG - 8
8

Bell Elementary School

Public | KG - 8
8

Coonley Elementary School

Public | PK - 8
8

Mitchell Elementary School

Public | PK - 8
8

Lasalle II Lang Academy Elementary School

Public | PK - 8
8

Burr Elementary School

Public | PK - 8
8

Mayer Elementary School

Public | PK - 8
8

Greeley Elementary School

Public | PK - 8
8

Lasalle Elementary Language Academy

Public | KG - 8
7

Pulaski International School of Chicago

Public | KG - 8
7

Columbus Elementary School

Public | PK - 8
7

Pritzker Elementary School

Public | KG - 8
7

Ravenswood Elementary School

Public | PK - 8
7

Blaine Elementary School

Public | PK - 8

Middle Schools 4

10

Lane Technical High School

Public | 7 - 12
7

Ogden Intermediate High School

Public | 6 - 12
7

Noble Street Charter Schools

Public | 6 - 12
0

Iyc Chicago

Public | 6 - 12

High Schools 18

10

Devry Advantage Academy High School

Public | 11 - 12
10

Payton College Preparatory High School

Public | 9 - 12
9

Lincoln Park High School

Public | 9 - 12
6

Intrinsic Charter High School

Public | 9 - 9
5

Clemente Community Academy High School

Public | 9 - 12
5

Lake View High School

Public | 9 - 12
4

Wells Community Academy High School

Public | 9 - 12
4

Uplift Community High School

Public | 9 - 12
3

Alcott Humanities High School

Public | 9 - 12
1

Legal Preparatory Academy Charter High School

Public | 9 - 10
0

Josephinum Academy

Private | 9 - 12
0

Thresholds High School

Private | 9 - 12
0

Holy Trinity High School

Private | 9 - 12
0

Prologue Early College High School

Public | 9 - 12
0

Prologue Early College

Private | 9 - 12
0

The Chicago Academy for the Arts

Private | 9 - 12
0

Lake View Academy

Private | 10 - 12
0

Cornerstone Academy

Private | 9 - 12

School and business data provided by Attom Data.

Lizzie Kirchner

Advisor | License ID: 475114659

+1(312) 593-8590

Lizzie Kirchner

2468 N Orchard ST Chicago, IL 60614

Key Details

Location

Interior

Building

GET MORE INFORMATION

Go tour this home

2468 N Orchard ST