2216 N Cleveland Avenue
Chicago, IL, 60614
$1,700,000
7 Beds
4 Baths
0 SqFt
0 Acres
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$1,700,000
2216 N Cleveland Avenue
Chicago, IL, 60614
MLS #MRD12419886 image #0MLS #MRD12419886 image #1MLS #MRD12419886 image #2
Classic Chicago Greystone in prime east Lincoln Park location. This fully occupied 3-flat plus garden apartment never sees vacancies (119k a year and rents can be moved up easily). Long-term tenants have kept some rents low. The units feature very high ceilings (10′), central heat + AC. 2/4 units have in-unit laundry. Common area laundry is also found in the front half of the English Garden. Lots of room for cosmetic improvements to increase the monthly rents. Recent enhancements include tuck pointing, removal of ivy, painted full rear of the building, and repainted metal vertical walls in breezeway. New furnace in Unit 3, new AC in unit 2 and newly rebuilt retaining wall on south walkway. Total yearly utilities are 6119 – that is common electric, trash, water, gas and sewer. Lot size is approximate as of listing date, awaiting new survey. owner pays 34% gas for unit 1, garden and common area (that is reflected in the 6119 of expenses) RENT ROLL, EXPENSES AND LEASE TERMS ALL ON ADDITIONAL INFO TAB. PLEASE TAKE A MINUTE TO LOOK AT THAT BEFORE CONTACTING

Property Details

Price:
$1,700,000
MLS #:
MRD12419886
Status:
Pending
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
CHI – Lincoln Park
Listed Date:
Jul 15, 2025
Year Built:
1898
Chi – Lincoln ParkChi – Lincoln ParkLincoln Elementary SchoolLincoln Elementary SchoolLincoln Park High School

Schools

School District:
299
Elementary School:
Lincoln Elementary School
Middle School:
Lincoln Elementary School
High School:
Lincoln Park High School

Interior

Heating
Natural Gas, Forced Air, Baseboard

Exterior

Architectural Style
Greystone
Construction Materials
Brick, Limestone
Exterior Features
Balcony
Parking Features
Off Alley, On Site
Parking Spots
2

Financial

Net Operating Income
$85,398
Tax Year
2023
Taxes
$21,824
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Sep 01, 2025
1,500
Multi Family Listed
82
Avg DOM
$497,513
Avg List Price

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Property Summary

    2216 N Cleveland Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60614. It is listed for $1,700,000 To schedule a showing of MLS#mrd12419886 at 2216 N Cleveland Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2216 N Cleveland Avenue
Chicago, IL