2215 North Seminary Avenue

Chicago, IL 60614

$1,355,000
Last Sold Price
13
Beds
5
Baths
5,150 Sq. Ft.
$263 / Sq. Ft.
5,150
Sq. Ft.
$263
per Sq. Ft.

Description

6.0 Cap Rate in the heart of Lincoln Park & DePaul! Close to $100,000 Net Operating Income! This money making investment property is available for the 1st time in more then 40 years! Massive 5 Bed room Coach House + 3 Front units has made this building ideal for any smart investor! All mechanicals recent and bathrooms and kitchens also updated recently. Picture perfect block that connects with DePaul's campus at the end of the block. Around everything that makes Lincoln Park so amazing, restaurants,...6.0 Cap Rate in the heart of Lincoln Park & DePaul! Close to $100,000 Net Operating Income! This money making investment property is available for the 1st time in more then 40 years! Massive 5 Bed room Coach House + 3 Front units has made this building ideal for any smart investor! All mechanicals recent and bathrooms and kitchens also updated recently. Picture perfect block that connects with DePaul's campus at the end of the block. Around everything that makes Lincoln Park so amazing, restaurants, CTA, Lake Michigan, LP ZOO and much more! Easy to show as currently not rented so hurry up before another 40+ years go by!!!!

Listing Agent

  1. Ken Dooley

    Ken Dooley

    Listing Agent

    Compass

    ken.dooley@compass.com

    P: 312.305.4919

Sold By @properties

Property Details for 2215 North Seminary Avenue

Area
CHI - Lincoln Park
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
1.0
Num Of Cars
1.0
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

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LISTING UPDATED: 05/05/2021 10:16 AM

Property Details for 2215 North Seminary Avenue

StatusClosed
MLS #10919785
Days on Market69
Taxes$25,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built-
Lot Size0.07 AC / 2,976 SF
CountyCook County

Location

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Building Information for 2215 North Seminary Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.07 AC / 2,976 SF

Payment Calculator

$9,495 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,395

Property Taxes

$2,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2215 North Seminary Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Oscar Mayer Elementary School
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley
  • Parking On Site: true
  • Parking Ownership: Fee/Leased
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 22
  • Bedrooms (Below Grade): 0
  • Basement Type: Partial
  • Bedrooms Possible: 13
  • Basement Description: Partially Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2017
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24 X 124
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 2215
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1100
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 24
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Virtual Tour
Multi Family
Income & Expenses
  • Gross Income: $125,000.00
  • Insurance Expense: $1,750.00
  • Manager Expense: $.00
  • Insurance Expense Source: Owner Projection
  • Manager Expense Source: OP
  • Trash Expense Source: Combination
  • Water Expense Source: Owner Projection
  • Net Operating Income: $97,100.00
  • Water Sewer Expense: $1,790.00
Unit 1
  • Unit Type Actual Rent: $2,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 1200
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 7
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Microwave
  • Lease Exp Date (Mo/Yr) - Unit 1: 07-19-2024
  • Sec Deposit $ - Unit 1: 2500
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1200
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 7
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-21-2024
  • Sec Deposit $ - Unit 2: 2500
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 650
  • Floor # - Unit 3: G
  • # Of Rooms - Unit 3: 5
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 3: 07-19-2024
  • Sec Deposit $ - Unit 3: 1600
  • Tenant Pays - Unit 3: Electric, Gas
Unit 4
  • Unit Type Actual Rent: $3,995.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Total Sq Ft - Unit 4: 2100
  • Floor # - Unit 4: C
  • # Of Rooms - Unit 4: 9
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 2
  • Appliances/Features Unit 4: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 4: 07-21-2024
  • Sec Deposit $ - Unit 4: 3995
  • Tenant Pays - Unit 4: Electric, Gas

Property History for 2215 North Seminary Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2215 North Seminary Avenue

Taxable ValueLand$37,200Additions$136,363Total$173,563
Tax Record2022$35,699 ($2,975 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size2,976 SqFtStyleSingle Family ResidenceYear Built1888CountyCOOKAPN14-32-207-022

Schools near 2215 North Seminary Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Mayer Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Drummond Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/05/2021 10:16 AM. 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.