Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.
— the listing agent’s description
The home
4 beds
2 baths
Built in 1908
Lot 25x59x29x74
Two to Four Units
What it’ll cost
$11,344 taxes / yr
No HOA
6 days on dwello
Estimated monthly payment
$4,029/mo
Principal & interest$2,924
Property taxes$945
Homeowners insurance$160
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Forced AirBrickPublic Sewer
Schools
Elementary — Burley Elementary School
Middle — Burley Elementary School
High — Lake View High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.