$3,400,000
SOLD JAN 30, 2026
-- Bed
-- Bath
8,862 Sq Ft
6,300 Sq Ft Lot

Sale Details

Date Sold: January 30, 2026

$384 Per Sq Ft

8% Below List Price

22 Days on Market

Highlights

  • 6,300 Sq Ft lot
  • Central Heating and Cooling System
  • 3-minute walk to Park West Park
  • Alcott Elementary School Rated A-

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Stephanie Trout

@properties Christie's International Real Estate License #475181376 Listed on: 10/07/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Stephanie Trout

@properties Christie's International Real Estate License #475181376 Listed on: 10/07/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,513

Year Built

  • Built in 1918

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $713
  • Fuel Expense $2,691
  • Insurance Expense $4,290
  • Maintenance Expense $17,436
  • Other Expense $1,955
  • Trash Expense $3,057
  • Water Sewer Expense $2,362
  • Operating Expense $61,593
  • Gross Income $202,430
  • Net Operating Income $140,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,513

Year Built

Built in 1918

Lot Details

6,300 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 4
  • Year Built: 1918
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Trash Expense: 3057
  • Water Sewer Expenses: 2362

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50x126
  • Lot Size Sq Ft: 6300
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 140837
  • Fuel Expense: 2691
  • Insurance Expense: 4290
  • ElectricExpense: 713
  • GrossIncome: 202430
  • Maintenance Expense: 17436
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 61593
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 24513.28
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2025
Closed on
Jan 30, 2026
Sold by
Bought by
Seller's Agent
Stephanie Trout
@properties Christie's International Real Estate
Buyer's Agent
Stephanie Trout
@properties Christie's International Real Estate
List Price
$3,700,000
Sold Price
$3,400,000
Premium/Discount to List
-$300,000
-8.11%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,948,920
Interest Rate
0.0618%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 19, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $3,400,000 Chicago Title
Deed -- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $4,948,920 Construction
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $3,400,000 -8.1% $384 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
10/07/2025 10/07/25 For Sale $3,700,000 -- $418 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,513 $135,500 $93,870 $41,630
2024 $24,513 $135,500 $93,870 $41,630
2023 $23,897 $116,183 $31,500 $84,683
2022 $23,897 $116,183 $31,500 $84,683
2021 $23,363 $116,182 $31,500 $84,682
2020 $19,660 $88,255 $31,500 $56,755
2019 $17,732 $88,255 $31,500 $56,755
2018 $17,433 $88,255 $31,500 $56,755
2017 $17,034 $79,130 $27,090 $52,040
2016 $15,849 $79,130 $27,090 $52,040
2015 $14,500 $79,130 $27,090 $52,040
2014 $13,947 $75,171 $23,625 $51,546
2013 $13,672 $75,171 $23,625 $51,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12485776

Midwest Real Estate Data (MRED)

APN: 14283120540000

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