2544 N Burling Street, Chicago, IL, 60614

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$1,055,000

2544 N Burling Street
Chicago, IL 60614

Multi Family|Sold 04/08/2025
0
Beds
0
Full Baths
0
Partial Baths
5,529
SqFt
$191
/SqFt
1893
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago
Call Now: 877 582 4399
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877 582 4399
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After 40 years, this exceptional 6-unit Greystone is available on one of the most coveted streets in Lincoln Park. With an impressive 6.39 cap rate and 218K+ in total rent (with upside potential), this fully leased building is a fantastic investment opportunity. Long-term, qualified tenants are in place with annual leases, and historically, the building has stayed fully occupied. Perfect for an owner-occupant or as an armchair investment, the property offers a stunning top-floor 4-bedroom, 2-bath unit with soaring ceilings and an abundance of natural light. The building also features one 2-bedroom unit, three 1-bedroom units, and a spacious 3-bedroom, 2.5-bath lower-level unit. Enjoy multiple outdoor spaces, central heating and air (with the exception of one unit), and in-unit laundry in the larger units, with common laundry for the others. Additional storage is available within the building, and there's a 2-car garage with a rooftop deck in the rear. Located in one of Chicago's finest neighborhoods, this property is just a short walk to Lake Michigan, the Fullerton public transportation stop, top-tier restaurants, shopping, and vibrant nightlife. With R4 zoning, this building is in excellent condition and is sold as-is. For more details, including a list of improvements and the rent roll, please refer to the additional documents.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
5,529 sqft
Lot Size 
N/A
Year Built 
1893
MLS® Number 
12301656
Status 
Sold
Property Tax 
$34,667
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
5529
Zoning 
MULTI
Interior Features
Basement 
FinishedExterior Entry
Electric 
Circuit Breakers
Fireplace 
Yes
Fireplaces 
3
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Community Features
MLS Area 
CHI - Lincoln Park
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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