$1,600,000
SOLD DEC 13, 2024
5 Beds
2 Baths
1,812 Sq Ft
-- Built

Recently Sold

$883 Per Sq Ft

6 Days on Market

Highlights

  • Property is near a park
  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Mayer Elementary School Rated A-
  • Workshop
  • 1-minute walk to Clover Park

About This Home

As of December 2024

Exciting opportunity to own a 2 flat in Lincoln Park. Perfect for redevelopment potential! At 2228 N. Southport Ave, you'll find spacious hardwood floors throughout both light-filled units. The building is well-maintained with washer, dryer, and dedicated storage rooms in the basement, plus a rear porch and bike space for each unit. The second-floor unit even includes a third bedroom. Recently tuckpointed and with parking behind the building, it offers excellent rental income potential. Located on a quiet, tree-lined street next to the charming Clover Park playground, this property boasts unbeatable proximity to Lincoln Park's best amenities. Walk to DePaul University, Fullerton CTA, Barnes & Noble, Potbelly's, Pequod's Pizza, and Regal Webster Place Cinema. Within District 299, it's near top-rated schools, including Oscar Mayer Magnet School and Lincoln Park High School, with St. Josaphat School just steps away. Adding to the appeal is the upcoming Lincoln Yards development, a 55+ acre project poised to transform the North Branch of the Chicago River with green space, riverwalk access, dining, shopping, and entertainment. This development will connect Lincoln Park to Wicker Park and Bucktown, increasing future demand in the area. A dream for developers, rent out these units while you plan your next move. With two adjacent lots available, this is a rare opportunity to develop multiple properties in an ideal Lincoln Park location. Sold As-Is.

Last Agent to Sell the Property

Roseanne Maggio

Jameson Sotheby's Intl Realty License #475180192 Listed on: 10/29/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Jeffrey Lowe

Compass License #475154506

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,723

Lot Details

  • Lot Dimensions are 50 x 128
  • Paved or Partially Paved Lot

Home Design

  • Brick or Stone Mason

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Workshop
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Two Heating Systems
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,723

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Enclosed Porch, Foyer, Utility Room-Lower Level, Workshop
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Range Hood,Hardwood Floors

Exterior Features

  • List Price: 1600000
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Oscar Mayer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 17723.16
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $1,600,000 0.0% $883 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $1,600,000 -- $883 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12199610

Midwest Real Estate Data (MRED)

APN: 14321090290000