$3,000,000

Estimated payment $18,920/month

Total Views 361
-- Bed
-- Bath
4,169 Sq Ft
$720 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Alcott Elementary School Rated A-
  • 2-minute walk to Park West Park

About This Home

6-unit apartment building located in Chicago's highly desirable and rarely available Lincoln Park neighborhood. This property was fully renovated in 2022 and offers bright, sun-filled units with Central Air, in-unit laundry, and generous floor plans. The renovation included all-new electrical systems and substantial plumbing replacement. Units feature modern finishes with stainless appliances, quartz countertops, hardwood floors, in-unit laundry, individual water heaters, and central air conditioning. Three surface parking stalls in front of building. 2525 N Orchard is located a block off the bars and restaurants of Clark Street, a half mile from the Fullerton Red Line station, and near DePaul's campus.

Listing Agent

Philip Leigh

Essex 312, LLC License #475213820 Listed on: 08/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,887

Year Built

  • Built in 1884

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 50 x 75

Interior Spaces

  • 4,169 Sq Ft Home
  • 4-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $540
  • Insurance Expense $2,925
  • Maintenance Expense $10,924
  • Manager Expense $9,376
  • Water Sewer Expense $3,624
  • Operating Expense $58,276
  • Gross Income $241,660
  • Net Operating Income $176,134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,887

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 4
  • Year Built: 1884
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 5
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 3000000

Utilities

  • Cooling: Central Air, Central Individual
  • Heat/Ventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Manager Expense: 9376

Fee Information

  • Water Sewer Expenses: 3624
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 x 75
  • Lot Size Sq Ft: 3750

Building Info

  • BuildingAreaTotal: 4169

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 176134
  • Insurance Expense: 2925
  • ElectricExpense: 540
  • GrossIncome: 241660
  • Maintenance Expense: 10924
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 58276
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 30887
  • Tax Year: 2023

Map

Range of Values:

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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
08/17/2025 08/17/25 For Sale $3,000,000 +33.2% $720 / Sq Ft
10/04/2015 10/04/15 Off Market $2,252,500 -- --
07/02/2015 07/02/15 Sold $2,252,500 0.0% --
04/25/2015 04/25/15 Off Market $2,252,500 -- --
03/04/2015 03/04/15 Price Changed $2,675,000 -6.1% --
09/22/2014 09/22/14 For Sale $2,850,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12448643

Midwest Real Estate Data (MRED)